07-05-2024
Takeover at 20p would be good
MF, it would be rare for takeover speculation to actually materialise so soon after the discussion and so I wouldn't jump to conclusions on the Options not being published. If a bid is to happen, it will do so in it's own time.
The whole market seems to be buoyant at the moment and so my guess is we are just rising with it.
05-03-2024
Also DRD shares bounced 20% from the lows, the higher this goes the more feasible a takeover
10-11-2023
Martin Ooi is in effect a block on a bid, and I don't think he will take 10p. I know he is excited about the prospects.
A lot of the value is in the TSF and no bid will come in till all the permissions are in place.
Once they are then I can forsee DRD offering GDP the option of a processing deal or a takeover.
GDP does seem a good fit for DRD. The fact that DRD is supplying material to GDP indicates that.