DML discovery metals limited

cf's new cash offer for dml, page-18

  1. 169 Posts.
    If mamangement rejected a $1.70 offer and its business as usual for the company there is no way they are going to accept a lower offer just to prevent dilution of those shareholders who dont take up the rights issue.

    Personally I prefer the rights issue and let the comapany prosper. Cathay are just playing games now that the price is rock bottom. Sneaky private equity!
 
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