DML 0.00% 1.9¢ discovery metals limited

Ann: Appointment of Administrators, page-134

  1. 26,637 Posts.
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    Thanks Bubsmark for your post, was helping out at a trade show yesterday and continuing today, so hard to post.

    Saw yesterday's ugly annc about 2 hrs later, as was expecting it on Monday like everyone else and for it to come back on, as I was told by 2 people following it closely.

    You make many good points, moreso the one question that burns why the need for the lender group to pull the plug when there was a potential deal on the table and see through the DD process and wait for a deal to be finalized so they can recoup their $110mill owing by DML.

    Quite astounding and now is obvious that Standard C!@# Bank were in cahoots with Cu@!Pric to help themselves and shaft shareholders and other creditors.

    The time to get out was obviously 10th Feb (Day 2 of run) when it hit 5.7 opening at 5.5.
 
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