Fair enough Nordic, the placement at a premium may still be viewed as cheap by HK standards. The capital provided will enable the wheels to turn at Faboliden. I view the current weak share price as DRA’s future being too complicated for Aus investors to bother buying in.
When looking at what DRA have, in my opinion it’s relatively undervalued in comparison to its peers.
Fair enough Nordic, the placement at a premium may still be...
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