this will open in the red and close in the red with High volume compare to other stock with what is a public holiday in some part of the country. the stock price will continue to be depressed until either DML or Blumont come out to confirm with the market that the deal will go ahead. we will have 3 months from the announcement to completion of the deal.
The pressure on the share price will continue until all large shareholder exit the stock.
Lesson learnt, tight stop and never buy mining shares that has gone down 90%.
IMO DYOR
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where will we open, page-3
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