DRM 1.80% 54.5¢ doray minerals limited

Ann: Trading Halt, page-112

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  1. 1,586 Posts.
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    1. EV $180m is no longer cheap. It's priced at 10 times current cashflow.
    2. Would I buy DRM at 30c? No I wouldn't.
    3. Price action is crap.
    4. kyngdominion broke his rules and did not sell. (someone breaking rules always a bad sign)

    based on these fundamental, technical, and emotional, I sold it....good luck to all.

    I like DRM stock - hopefully I'll come back - a few years ago I had bought at 40c and sold at $1. And DRM did it again for me, this time 17.5c to 27c.
 
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Currently unlisted public company.

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