A volume-weighted analysis of the most recent 644 million share trades, or 100% of issued capital, (since 4 July 2014) shows a VWAP price of 4.8c per share.
In a free market, this suggests the minimum share price the current rational DML investors would be willing to accept is 4.8c per share for any takeover offer or asset sale.
![]()
In my opinion, this is still lower than the true value of the assets, both from a construction point-of-view and a future value point-of-view, because the share price throughout this period has been completely dominated by the debt re-profile news and the news about options for financing the underground mine.
- Forums
- ASX - By Stock
- DML
- The Rational Investor's Price for DML
The Rational Investor's Price for DML
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online