Well it is Thursday already and no ann's from DML yet....
I doubt very much if they will put out a CR ann just before opening so I am guessing that they will extend the "trading suspension" a bit longer.
Which makes me think that there is probably a lot of negotiating going on behind the scenes.
One scenario that no-one has mentioned yet is maybe the banks who hold the $190M loan are not in favour of a low CR as it might destroy the confidence in DML and make ant CR down further down the track more difficult.
I wish DML gave us a bit more information so we didn't have to make such wild guesses - maybe they will inform us if (when?) they extend the suspension.
DML Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held
