DRM 1.80% 54.5¢ doray minerals limited

We all would be wasting our time as shareholders trying to stop...

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  1. 502 Posts.
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    We all would be wasting our time as shareholders trying to stop this merger to go ahead IMO - as the ground work will have been done and this will be almost bullet proof - Never seen in my days of trading ordinary shareholders changing anything and institutions will welcome this as it creates less risk and it's not their money so they have time- imagine the damage to Leigh J's reputation if this was overturned by a shareholder revolt.... Not that I care ....But if it was overturned I would exit quickly afterwards - From what I can see SLR have been adding to their cash stockpile quarter on quarter lately is this because of Tonkin? - That cannot be a bad thing!!! - Its all about creating cash - I really was hoping DRM would go it alone - however now only an aggressive takeover by another suitor will be instant reward for all of us shareholders - And this still could happen - WGX has had recent MOU in place for months on Andy Well with a lot of DRM - WGX boardroom discussions and their ears will be pricked - otherwise it will be months before we see 0.41c again - there will be a few running the rulers over a takeover however they have time on their side and this could be weeks away so sit tight IMO and let's see what happens - I have lost a small fortune in profits only since yesterday but know now is not the time to sell....IMO and DYOR..
    Last edited by kyngdominion: 15/11/18
 
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Currently unlisted public company.

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