DRM MYG

Ann: Doray Minerals and Mutiny Gold to Merge, page-17

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  1. 71c4
    2,194 Posts.
    lightbulb Created with Sketch. 13
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    28/10/14
    14:10
    Post #: 14193570
    Hi Burnie,

    Your right about the non cash deal. 1:9.5. So if you divide the current DRM share price by 9.5 you get the offer price. Currently 4.5c for each MYG share. The MYG shareholders must be rejoicing to get such a great deal. Especially the majority that brought above 6c.

    71
    MYG Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
    DRM Price at posting: 43.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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