I'm confident that this will be a takeover attempt for DRM.
Everything leads to this.
1 The 5% acquisition by RMS
2 That the DRM Resource is high grade (like Wattle Dam), RMS may think that they have expertise here.
3 DRM are expecting a significant upgrade to their resource by year end, and
4 Drilling is continuing there
5 In the reply to the ASX query, DRM confirmed that they had contacted RMS to find out their intentions, but they didnt say what the RMS reply was!
vvv very cagey stuff DRM, but I guess we find out Monday
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Last
$2.51 |
Change
0.050(2.03%) |
Mkt cap ! $2.909B | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.52 | $2.44 | $13.06M | 5.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 23006 | 6 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| RMS (ASX) Chart |