How can a SP drop from $1.75 to 17.5c in weeks.... with no material disclosures?
ASIC, def on the ball as usual, sharp bunch - all ex NASA I hear... wild stab in the dark lead for you - who shorted from $1.75, and related connections?
How can KPMG value the coy at between $1.74 to $2.11? Who gave them the financials for the report - management.
How can CFC offer $1.75 and be rejected?
Seriously, who's lying?
Who has lied to us?
I've made noises in recent times, retail holders will leave the market and the brokers, coy directors, instos will no longer have anybody to screw over anymore - and funny enough I read an article the other day in the AFR along the lines 500,000 investors have bailed the market post GFC.
Anyway, for current objective, I'm holding. I think we'll get 30 - 40 cents just because of basic sheer market forces - there is bargain value here. Then at least I'll leave with my shirt on...
But who knows...
DML Price at posting:
23.0¢ Sentiment: None Disclosure: Held
