DML 0.00% 1.9¢ discovery metals limited

Ann: Change in substantial holding , page-2

  1. 10,588 Posts.
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    Reasons for CFC selling????

    1. Writing off a bad investment at a massive loss (doubt it)?

    2. Selling to themselves but by doing so putting pressure on the price?

    3. Selling down to accumulate funds to take part in a discounted raising?

    4. Selling down to recover whatever funds they can before DML calls in the receivers?

    So many scenarios so close to the next deadline!
 
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Currently unlisted public company.

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