DRM 0.00% 33.0¢ demetallica limited

What will Demetallica list at?, page-18

  1. 6,423 Posts.
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    In this current market it's a tough one..

    in a bubbly environment speculation on 100% owned ready to mine resource might have pushed this on open pretty hard but

    88M shares on issue if they get the full raise away ( anyone want to speculate on how much they raise )
    $9M cash at bank after settlement of JVs
    28M priority shares wanting to make a quick $$
    60M IPO shares not wanting to lose money immediately but will want to offload some for stag profit

    Offer price $0.25

    My thoughts are it's gonna be a pump and dump before stabilising somewhere around the $25M MC

    IPO ranging from $0.45 to $0.20

    strap yourselves in folks


 
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Currently unlisted public company.

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