DRR 0.72% $4.14 deterra royalties limited

DRR price, page-3

  1. 265 Posts.
    lightbulb Created with Sketch. 93
    It wasn't a new listing rather a demerger from ILU.
    So note each existing ILU holder received a DRR share and they have been trading on a deferred basis until today.
    The market will therefore take some time to work out what the value of each is on a stand alone basis (& whether they want to invest in one or both on a stand alone basis).
    There are also some big institutional & long/short investors that will be working through this.
    Then when you take on general negative market movements and events since then an ILU/DRR $5/$4 split isn't glaringly strange to me.
    If you're new to this stock make sure you do a lot of research on the stock and recent trading before acting IMHO.
 
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Last
$4.14
Change
-0.030(0.72%)
Mkt cap ! $2.188B
Open High Low Value Volume
$4.20 $4.21 $4.12 $8.456M 2.039M

Buyers (Bids)

No. Vol. Price($)
2 11652 $4.14
 

Sellers (Offers)

Price($) Vol. No.
$4.15 41700 3
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
DRR (ASX) Chart
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