"To those that watch daily price movements and treat it as an valuable information source representing what is fundamentally going on with the company, I feel for you. It will tell you very little in this market with so much macro noise."
Where do I start to provide examples of where the daily share price movement DOES represent what is happening fundamentally!
and DML would have to be a prime example. Yes copper price has dropped (caused by macro issues) but we are hedged remember.
DML has dropped due to many fundamental issues; 1. Rain 2. Equipment disruptions 3. Poor management 4. Poor copper grades 5. Breaching bank covenants 6. Lack of working CAPITAL 7. The list goes on!!!! And on and on!!!!!
DML Price at posting:
13.0¢ Sentiment: None Disclosure: Held
