The issue I see is that if DIO holders accept the RMS offer, many will sell on market as soon as the new shares are receipted.RMS is not exactly the most liquid stock on the ASX, and I think selling pressure will take the stock back below 45c.
AN1 CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks