lets just hope it doesn't happen anytime soon.
Next week will suck for DML: Blackrock will probably offload the lot much like CFC. Guessing we will see a new low. But I want this to happen: Once BR are out, my hopes are:
> no other major SH exits
> no further systemic risk (i.e. US gov credit downgrades, or Botswana joins the USSR etc)
> a decent production report along the same trend
> a decent communication or WTH is going on from board of directors
And we might start seeing back up to 15c in 6 months.
Otherwise if an offer comes now, it will be <10c.
>>>>> But as we saw in the spike in august (60% increase in a day): all we need is one player to make a punt on it and take a liking to DML to see some decent appreciation. I think the stock is reaching it's lows not due to any beta/copper correlation but simply due to lack of insto buyers. All the ma's and pa's in the world are not going to soak up BR and CFC' stock.
- Forums
- ASX - By Stock
- buy or sell
lets just hope it doesn't happen anytime soon.Next week will...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online