An interesting moment for DRR.
The divvy-hunters are unimpressed by the prospect of reduced ff cash and are shifting out.
IO prices and therefore the main royalty stream are falling.
Most unpleasant for existing holders.
However, a stronger, better business will emerge with royalty trading options.
DRR is a falling knife at the moment, still above the Sept 2021 low of 3.78. It could well breach that.
Watching with interest.
Ash
Ann: Recommended Cash Offer to Acquire Trident Royalties Plc, page-94
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Last
$3.89 |
Change
-0.030(0.77%) |
Mkt cap ! $2.057B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.00 | $3.89 | $28.92M | 7.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26268 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 36163 | 4 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| DRR (ASX) Chart |