DRM demetallica limited
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Oversold and undervalued ?, page-9

  1. anton007
    2,142 Posts.
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    09/09/16
    13:46
    Post #: 19051485
    Debt is about 0.26 per share. But cash is about 0.13
    So 0.13 net debt? Not a big deal. % is low now.

    CR does not mean share value destruction. S2R made a CR at 0.40 and share price skyrocketed to 0.70+ after CR. I get only about 15% of shares I applied for. 7 times oversubscribed.
    DRM Price at posting: 58.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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