Interested shareholders and potential investors should read TZMI MARKET UPDATE July 2017.
This forecasts a tightening of supply in the next 2 years which means a price rise. This is about the time that Diatreme will begin production so perhaps Beers valuation is a tad on the low side. If this forecast is correct then it's my opinion that processors will vie with each other for a piece of the action to lock in supply. The best and cheapest (in this instance) way to lock in supply is to buy the joint, hence my prediction of a T.O. bid.
Ann: Beer & Co. Research Report, page-12
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.7¢ |
Change
0.002(8.00%) |
Mkt cap ! $131.9M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.6¢ | $31.77K | 1.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 229961 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1496750 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DRX (ASX) Chart |