I've just read the Beer report and find it very comforting indeed. I find it puzzling that DRX shares are at .8c given that they have a strong buy recommendation of 6.5c depending on the mineral price. This doesn't give any real value to the gold and silica. I still think that the Chinese will make a takeover bid as for them to do so would be a hell of a lot better buying than having a 49% partner. I think they would take the lower of Beers valuations at ~3.6c as a base and possibly discount that a tad. They could also come in at a 100% premium to the current price to make their offer look good, or quite possibly, there could be another contender and that would make things interesting. Keep the faith.
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $113.0M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.2¢ | $16.70K | 731.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 198367 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 803170 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 198367 | 0.023 |
1 | 100000 | 0.022 |
1 | 11904 | 0.021 |
1 | 5369 | 0.020 |
2 | 66690 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 803170 | 5 |
0.025 | 1096000 | 2 |
0.026 | 1492583 | 5 |
0.027 | 3100328 | 6 |
0.028 | 80000 | 1 |
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