DML 0.00% 1.9¢ discovery metals limited

DML smoking !!!, page-54

  1. 201 Posts.
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    Good luck to all DML holders but beware - investing in Discovery is a bit like trying to hold onto a fire station exit pole which has been sprayed with CRC.
    I know investors who knocked back an offer of $1.75/share from some shonky Asian crowd a few years back because they thought someone else would make a better offer for the company. Since then there has been all sorts of proposals and restructure plans but all have failed to come to fruition.
    The company is definitely worth a lot more than the current share price but unfortunately 2 things hold it back:

    (a) it is managed by a bunch of morons
    (b) it has totally lost market trust

    I wish you all the best but please brace yourself because when a company has lost market trust, even good news can drive a share price the wrong way.
 
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Currently unlisted public company.

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