Ann: DDH1 and Perenti Scheme Implementation Agreement, page-23

Very underwhelming. I can't recall wanting to invest in a debt laden operator in Africa that doesn't pay a dividend. I chose DDH given it is an Australian operator with good growth prospects, low debt, smart acquisitions and a dividend. A premium over the "5 day VWAP" is risible. I'm not looking at this over "5 days".....5 years minimum. I know we shouldn't get attached to shares but this is tad frustrating given it is worth a lot more than $1.01 in the long term.