DML 0.00% 1.9¢ discovery metals limited

All these fale selling orders withdrew after 16:10UBS...

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  1. 34,354 Posts.
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    All these fale selling orders withdrew after 16:10

    UBS aggressively purchased over 20m DML share on market on 21, 22, 23 May.
    Also, I am noted that UBS is DML's company advisor on pursuing suitors.

    I wonder why UBS spent over $4.2m buying DML shares if the company is worthless? There are likely to be high possibility that a binding bid will surface.

    For CFC, 10 days is close, we may have luck to see a bid over 35c from them tomorrow or early next week.
 
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