don't think is DRD. They have set the purchase price. I think is someone keeping a lid on for accummulation to get DRD cheaply via MLI. Just compare DRD with NCM. NCM mc is $14b with AU resource of 70moz and 9mt Cu. DRD mc is $385m with resource of 58moz.
So why is DRD cheaper? Because NCM has a share buy-back scheme on and is keeping the SP up.
is cash included in the offer?, page-8
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.3¢ | $16.6K | 66.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20400 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 39614 | 1 |
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| Last trade - 15.53pm 15/11/2024 (20 minute delay) ? |
| LRL (ASX) Chart |