DRX 0.00% 1.6¢ diatreme resources limited

Ann: Conditional intention to make a takeover bid for MLM, page-11

  1. 237 Posts.
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    Sounds about right Yewwwww, i was doing a rough calculation in my head, either way, thats nearly 4.5 bill shares now, divide that by our current market cap of $82mill = 0.018 cents per share.
    Bad considering many moons ago, on Cyclone alone, we had 300mill shares on offer at around 0.30c to 0.40c. Fair enough, we have a little more sand, just hope we can get it to market, and soon! The biggest company screw up was not doing due diligence on Galalar, if they had done Northern Sands first, the share price would be well up imo. For that screw up i shed over 28mil shares last year and only hold about 5mil now. I will look at buying in again closer to the EIS being lodged, might get a bargain below 0.02c the way it's going.
    Looking at MLM threads, they aren't to happy with the outcome.
 
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