DML discovery metals limited

afr article

  1. 10,176 Posts.
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    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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Currently unlisted public company.

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