DRM 1.80% 54.5¢ doray minerals limited

Ann: Silver Lake and Doray Merger Presentation, page-95

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  1. 263 Posts.
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    It's great if SLR's SP is rising as this means indirectly so is DRM because once the merger takes place the value of DRM shares increases proportionally. SLR is being supported and the merger is seen as positive. SLR could be eyeing further opportunities maybe even a JV the merger was script only certainly has the cash.
    Bailing DRM at a hefty loss doesn't make sense with a re-rate looking strong.
    The market may get more excited once SLR and DRM release DEC Qtly.
 
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