DML discovery metals limited
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citi m&a + citi research, page-2

  1. lionel007
    1,082 Posts.
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    20/02/13
    16:57
    Post #: 11444965
    It is indeed dodgy Jimmybones.

    Citi did the same thing before the bid. They came out with 50c price target, share price went down, Cathay lobbed a bid of 1.70 with Citi as advisers.

    Cathay now want to pay less, so....

    Citi wait until stock is returned and dust off 50c price target again, share price goes down.

    Pretty clear what comes next.
    DML Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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