In todays Fin Review it mentions that "few would have thought that DML would be under 60 cents a share"
"rumours have swelled that Discovery may be about to embark on an equity raising"
"But it is understood Discovery has other funding options up its sleeve, sources pointing to a debt refinancing via a high yield bond"
This is obviously a leak from Directors to Street Talk at the AFR that there will be no cap raise. Not required.
Could bounce hard from here. Todays price action points to a turnaround in price imo.
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