Ann: Boseto Commissioning Update, September 2012 , page-11

re: Ann: Boseto Commissioning Update, Septemb... I reckon with the SPP that was due to close on 12 Sept, the company ordered the investment banks to push up the price. Otherwise it was far cheaper to buy onmarket than pay $1.20 on new issue shares right?
That fact, and the fortunate announcement by the Fed to do QE3 helped DML along.
Otherwise, your stop loss would have been the right call as it would be heading to the downside.
Citi still has a SELL rating on DML actually with their target at 50c (was $1.30).