Dryblower and the remarkable under-valuation of Mineral Resources

TIM Roberts had one million reasons to feel a little glum when the Australian stock market closed on Friday, but if one of the world’s biggest investment banks is right then Dryblower reckons Roberts might soon have 14 million reasons to smile.

Dryblower and the remarkable under-valuation of Mineral Resources Dryblower and the remarkable under-valuation of Mineral Resources Dryblower and the remarkable under-valuation of Mineral Resources Dryblower and the remarkable under-valuation of Mineral Resources Dryblower and the remarkable under-valuation of Mineral Resources

Roberts, a director of Mineral Resources, put his money where his directorship is earlier this month when one of his companies paid A$29.6 million for just over two million shares in MinRes.