RMS 3.52% $2.06 ramelius resources limited

ann: becoming a sub holder for drm, page-25

  1. 561 Posts.
    Reiner,

    RMS could buy DRM with their cash plus some of the cash flow coming in.

    Don't see why they would want a passive 5% investment.

    Clearly there is something afoot here - it is a perfect match (for both companies?).

    I'm making a pure guess here by saying that RMS will soon do their due diligence. I think they will put an offer in and it will look like something like script for current market value + cash payment on top as a bonus. Pure speculation on my behalf, but will be interesting to see what happens.

 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.06
Change
0.070(3.52%)
Mkt cap ! $2.379B
Open High Low Value Volume
$2.05 $2.08 $2.03 $10.30M 5.005M

Buyers (Bids)

No. Vol. Price($)
7 127276 $2.05
 

Sellers (Offers)

Price($) Vol. No.
$2.06 113705 5
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.