No information on why this is accretive to Deterra shareholders, only that it provides "growth".
This acquisition is so obviously management defending their pay packets & bloated cost structure.
Shareholders can look forward to Mining Area C cashflows not being paid in dividends but rather being used to pay for other shitty royalties.
Ann: Investor briefing - Offer to acquire Trident Royalties, page-2
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Last
$3.88 |
Change
0.040(1.04%) |
Mkt cap ! $2.051B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.91 | $3.83 | $3.702M | 955.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7359 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 1156 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| DRR (ASX) Chart |