DRM 1.80% 54.5¢ doray minerals limited

Timbin4    I Look at it this way Market cap of DRM...

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  1. 70 Posts.
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    Timbin4    I Look at it this way Market cap of DRM @$0.36=$161,000,000   SLR @$0.59=$299,660,000 Total =$460,660,000

    There will be 810,405,240 new shares (507.9+446.7*6772)million =507.9+302.5 million=810.4 million new shares.

    SLR value will be diluted to $460.66/810.4 =$0.568 and DRM $0.568*0.6772=$).3856 on closing prices.

    Look at the spreadsheet below for price changes. (I hold SLR) and don't forget there may not be a merger.

    https://hotcopper.com.au/data/attachments/1399/1399217-dd52b748fffef5040942c168db748207.jpg
    New Shares 810.40524                                 507.9   DRM $0.42 $0.41 $0.40 $0.39 $0.38 $0.37 $0.36 $0.35 $0.34 $0.33 $0.32 $0.31 $0.30 $0.29 $0.28 SLR SLR Market Cap. DRM Market Cap. $188 $183 $179 $174 $170 $165 $161 $156 $152 $147 $143 $138 $134 $130 $125 $0.60 $304.74   $0.608 $0.602 $0.597 $0.591 $0.585 $0.580 $0.574 $0.569 $0.563 $0.558 $0.552 $0.547 $0.541 $0.536 $0.530 $0.59 $299.66   $0.601 $0.596 $0.590 $0.585 $0.579 $0.574 $0.568 $0.563 $0.557 $0.552 $0.546 $0.541 $0.535 $0.530 $0.524 $0.58 $294.58   $0.595 $0.589 $0.584 $0.578 $0.573 $0.567 $0.562 $0.556 $0.551 $0.545 $0.540 $0.534 $0.529 $0.523 $0.518 $0.57 $289.50   $0.589 $0.583 $0.578 $0.572 $0.567 $0.561 $0.556 $0.550 $0.545 $0.539 $0.534 $0.528 $0.523 $0.517 $0.512 $0.56 $284.42   $0.582 $0.577 $0.571 $0.566 $0.560 $0.555 $0.549 $0.544 $0.538 $0.533 $0.527 $0.522 $0.516 $0.511 $0.505 $0.55 $279.35   $0.576 $0.571 $0.565 $0.560 $0.554 $0.549 $0.543 $0.538 $0.532 $0.527 $0.521 $0.516 $0.510 $0.505 $0.499 $0.54 $274.27   $0.570 $0.564 $0.559 $0.553 $0.548 $0.542 $0.537 $0.531 $0.526 $0.520 $0.515 $0.509 $0.504 $0.498 $0.493 $0.53 $269.19   $0.564 $0.558 $0.553 $0.547 $0.542 $0.536 $0.531 $0.525 $0.520 $0.514 $0.509 $0.503 $0.498 $0.492 $0.487 $0.52 $264.11   $0.557 $0.552 $0.546 $0.541 $0.535 $0.530 $0.524 $0.519 $0.513 $0.508 $0.502 $0.497 $0.491 $0.486 $0.480 $0.51 $259.03   $0.551 $0.546 $0.540 $0.535 $0.529 $0.524 $0.518 $0.513 $0.507 $0.502 $0.496 $0.491 $0.485 $0.479 $0.474 $0.50 $253.95   $0.545 $0.539 $0.534 $0.528 $0.523 $0.517 $0.512 $0.506 $0.501 $0.495 $0.490 $0.484 $0.479 $0.473 $0.468 $0.49 $248.87   $0.539 $0.533 $0.528 $0.522 $0.517 $0.511 $0.506 $0.500 $0.495 $0.489 $0.483 $0.478 $0.472 $0.467 $0.461 $0.48 $243.79   $0.532 $0.527 $0.521 $0.516 $0.510 $0.505 $0.499 $0.494 $0.488 $0.483 $0.477 $0.472 $0.466 $0.461 $0.455 $0.47 $238.71   $0.526 $0.521 $0.515 $0.510 $0.504 $0.499 $0.493 $0.487 $0.482 $0.476 $0.471 $0.465 $0.460 $0.454 $0.449 $0.46 $233.63   $0.520 $0.514 $0.509 $0.503 $0.498 $0.492 $0.487 $0.481 $0.476 $0.470 $0.465 $0.459 $0.454 $0.448 $0.443 $0.45 $228.56   $0.514 $0.508 $0.503 $0.497 $0.491 $0.486 $0.480 $0.475 $0.469 $0.464 $0.458 $0.453 $0.447 $0.442 $0.436 $0.44 $223.48   $0.507 $0.502 $0.496 $0.491 $0.485 $0.480 $0.474 $0.469 $0.463 $0.458 $0.452 $0.447 $0.441 $0.436 $0.430 $0.43 $218.40   $0.501 $0.495 $0.490 $0.484 $0.479 $0.473 $0.468 $0.462 $0.457 $0.451 $0.446 $0.440 $0.435 $0.429 $0.424 $0.42 $213.32   $0.495 $0.489 $0.484 $0.478 $0.473 $0.467 $0.462 $0.456 $0.451 $0.445 $0.440 $0.434 $0.429 $0.423 $0.418 $0.41 $208.24   $0.488 $0.483 $0.477 $0.472 $0.466 $0.461 $0.455 $0.450 $0.444 $0.439 $0.433 $0.428 $0.422 $0.417 $0.411 $0.40 $203.16   $0.482 $0.477 $0.471 $0.466 $0.460 $0.455 $0.449 $0.444 $0.438 $0.433 $0.427 $0.422 $0.416 $0.411 $0.405 $0.39 $198.08   $0.476 $0.470 $0.465 $0.459 $0.454 $0.448 $0.443 $0.437 $0.432 $0.426 $0.421 $0.415 $0.410 $0.404 $0.399 $0.38 $193.00   $0.470 $0.464 $0.459 $0.453 $0.448 $0.442 $0.437 $0.431 $0.426 $0.420 $0.415 $0.409 $0.404 $0.398 $0.392 $0.37 $187.92   $0.463 $0.458 $0.452 $0.447 $0.441 $0.436 $0.430 $0.425 $0.419 $0.414 $0.408 $0.403 $0.397 $0.392 $0.386 $0.36 $182.84   $0.457 $0.452 $0.446 $0.441 $0.435 $0.430 $0.424 $0.419 $0.413 $0.408 $0.402 $0.396 $0.391 $0.385 $0.380 $0.35 $177.77   $0.451 $0.445 $0.440 $0.434 $0.429 $0.423 $0.418 $0.412 $0.407 $0.401 $0.396 $0.390 $0.385 $0.379 $0.374 $0.34 $172.69   $0.445 $0.439 $0.434 $0.428 $0.423 $0.417 $0.412 $0.406 $0.400 $0.395 $0.389 $0.384 $0.378 $0.373 $0.367 $0.33 $167.61   $0.438 $0.433 $0.427 $0.422 $0.416 $0.411 $0.405 $0.400 $0.394 $0.389 $0.383 $0.378 $0.372 $0.367 $0.361 $0.32 $162.53   $0.432 $0.427 $0.421 $0.416 $0.410 $0.404 $0.399 $0.393 $0.388 $0.382 $0.377 $0.371 $0.366 $0.360 $0.355 $0.31 $157.45   $0.426 $0.420 $0.415 $0.409 $0.404 $0.398 $0.393 $0.387 $0.382 $0.376 $0.371 $0.365 $0.360 $0.354 $0.349 $0.30 $152.37   $0.420 $0.414 $0.408 $0.403 $0.397 $0.392 $0.386 $0.381 $0.375 $0.370 $0.364 $0.359 $0.353 $0.348 $0.342

 
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