DRM 1.80% 54.5¢ doray minerals limited

Ann: Silver Lake and Doray Merger Presentation, page-98

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  1. 1,484 Posts.
    lightbulb Created with Sketch. 43
    On the SLR to DRM merger deal (DRM Shareholders get .6772 SLR shares for each DRM share).
    An SLR share price of 60cents values DRM shares at (40.6cents).
    So at 37.5c DRM is trading at around a 8% discount to the SLR merger agreement........ value!
 
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Currently unlisted public company.

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