Could also sting shareholders with a very discounted placement/rights issue to resolve the issues above. Nothing is yet finalised.
Market won't like uncertainity. Hence dumping.
Been through similiar situations with other stocks.
Need to look into these guys a little further tonight. Although I must admit I was shocked to see this price range. Might be good for a bounce trade or could fall further. 50/50, red or black right now.
DML Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held