DML 0.00% 1.9¢ discovery metals limited

screw the screwer, page-9

  1. 3,279 Posts.
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    I’m picking up on your vybes gocu,
    A cap raise (say half a semi dilutive rights offer to SH’s with the other half going to a sophisticated friendly) could have the effect of reducing CF’s holding to below 10% - in the absence of some serious SP appreciating on market buying from them.
    Still I don’t see how CF’s 13 odd percent would worry another suitor. The company would effectively be taken private with CF having no real power- they would not hold on to their shares for long. This is the hope I hold anyway!
 
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Currently unlisted public company.

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