anferni
Great post. You are right, MLI is a discounted buy of DRD shares for those who believe in the future of this company. The MLI takeover, if it takes place, is a major bargain for DRD and will be a significant milestone towards the transition from a costly underground mining venture to a less-riskier tailing producer.
Bottom line is that MLI shareholders will benefit from the discount if the deal gets done and, even if not, there is upside in the sp. I assume the management is willing to support the takeover and the only parameter is the price to be paid.
anferniGreat post. You are right, MLI is a discounted buy of DRD...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.61M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $20.37K | 1.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2344977 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1400760 | 4 |
View Market Depth
| Last trade - 15.45pm 04/10/2024 (20 minute delay) ? |
| LRL (ASX) Chart |