bullish
Uranium Grows, Lithium Woes
SUMMARY
- Deterra has made a deal to acquire Trident Royalties, a UK listed royalty company, at a 42% premium to its undisturbed price
- The deal includes assuming Trident's debt and will result in Deterra cutting its dividend payout ratio in half from FY 25 going forward, upsetting current shareholders
- Deterra's fully frank dividends have attracted Australian institutional shareholders, who may be affected by the change in dividend policy and potential impact on share price
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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