we have the updated dfs coming out shortly. Then its roadshow to sell the raising with updated presentation and broker reports.
we will get a better picture then. Although I am biased. I seriously do not see it as challenging to raise the minimum.
for institutional investors, this is the only way for them to buy into this recovery story. Its impractical for them to buy in open market without jacking the price sky high.
Imo, patient holders will be richly rewarded.
SDM Price at posting:
52.5¢ Sentiment: None Disclosure: Unspecified
DML Price at posting:
3.5¢ Sentiment: None Disclosure: Held
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