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DRD 0.0¢

to acquire something - eqi?

  1. snuff

    6,931 Posts.

    DRD have just raised USD43 mill from a placement of 18 mill shares. They have also said they are after an acquuisition but do not say what. The shares of EQI just keep going up and they have just announced a 3 c half yrly div and have no debt. They have over 2 mill oz in reserves. I wonder if EQI is in their eyesight?
    I know nothing, I am only speculating, and I do not own EQI.
    No one seems to post about EQI here but someone follows it as I got the tip from here.

    Regards

    Desmond

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