DRM 1.80% 54.5¢ doray minerals limited

DRM has consistently shown a discount on the value of the merged...

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    DRM has consistently shown a discount on the value of the merged company as measured by the SLR share price. Today, even with the increase in the DRM price, the discount is 4.4%. I.e. DRM shares are being sold/bought at a price that is 4.4% lower than the SLR price based on the scheme's settlement ratio of 0.6772 DRM shares for 1 share in the combined company.
    Since I own both SLR and DRM shares I decided to sell down today because I do not want to be overweight the combined company. Guess which shares I sold? If you chose DRM, then go to the bottom of the class.
 
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Currently unlisted public company.

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