Sorry, Awcn, Cummins is not suggesting M&A around DRR.
ILU still holds 20% of DRR to prevent exactly that while DRR gets up onto its own two feet. Later, when ILU is ready to exit, DRR will have options: buy the stake itself and cancel the shares, offer to existing holders or enlarge the free float.
Cummins is admiring the demerger and predicting considerably higher profits ahead for DRR - as I do.
I am concerned on one issue, expressed above: "Julian Andrews has stock and cash to buy royalties and creatively finance mines, so far no dice. Holders will be hoping this is because he is brewing up a stonker."
Ash
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Sorry, Awcn, Cummins is not suggesting M&A around DRR.ILU still...
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $2.056B |
Open | High | Low | Value | Volume |
$3.89 | $3.91 | $3.87 | $651.4K | 167.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 7835 | $3.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.90 | 13280 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1264 | 3.890 |
14 | 47657 | 3.880 |
17 | 50127 | 3.870 |
11 | 12989 | 3.860 |
17 | 60885 | 3.850 |
Price($) | Vol. | No. |
---|---|---|
3.900 | 14457 | 18 |
3.910 | 36157 | 17 |
3.920 | 54633 | 16 |
3.930 | 37990 | 10 |
3.940 | 11824 | 5 |
Last trade - 10.47am 30/07/2024 (20 minute delay) ? |
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