Monday, June 16, 2014

Dacha Strategic Metals: An Exit For Some, An Arbitrage Opportunity For Others

Dacha Strategic Metals (DSM) was discussed here as a potential value opportunity just 3.5 months ago. While the company had been a destroyer of capital for several years, it came under new management with a history of good capital allocation. I'm pleased to report that shareholders have seen a share price increase of 30% since that article. Annualized, that return comes out to a cartoon-y 150%.Read more...

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