They are merely meeting the requirements of the suspension. I don't think they really lose any sleep over a small retail holder's gripes and lack of patience. I'd prefer they address the more pressing issue at hand, being the success of Boseto and warding off the wolves.
So they tell you there's two bidders, or the syndicate is pouring over the latest production data and are days away from a short term loan, wicked, you're day brightens up a bit, but what are you going to do with your suspended shares, NOTHING. This situation sucks, but for pete's sake be thankful that the bank hasn't called in their loan and that we didn't have to raise money at some outrageous issue price.
We hear it so often, but I think 'no news is good news' is appropriate here. Everyday that passes with the company still owned by the shareholders, is likely a day closer to a cash positive Boseto. Stop watchign the chimney and go and go get some sleep. Sure as the sun will rise old mate fatso and his reindeer will be here in due course.
If you're stressed over your investment in DML just imagine how the board and management feel about their shares' value of late, plus their jobs, they've got the double to think about at 3am in the morning. If you've got as many as them then I take my hat off to you and have a little more appreciation for your lack of patience.
With the amount of misinformation getting about courtesy of old mate Yo Yo Yong I think the board should be commended for keeping mum. Remember, we're trying to screw the pr***, rather than make his dinner, fill his pipe and suck his toes. I hope the silence is deafening for the pack of b pirates down Citi way.
DML Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held
