"Syd - I think we're talking cross topics. I was following on the chain from Bri regarding share price manipulation; and, to say that comments around manipulation in this stock is 'an excuse' or a 'failure to admit we were wrong about the investment' is misguided, especially when there is a suitor willing to buy the whole company at such 'distressed levels' with no more information about the company since its highs. I am heavily invested and bullish on the underlying prospects, and if I had a spare $250m lieing around I too would have also have a crack at these prices and would want it as cheap as possible. As to management's ability, performance, interests etc - that is a separate topic"
Sell 60% of the compnay at 25c per share(same thing the CR),
or accept the potential bid $1.2 per share,
prasadg007, you make the decision, imv this is not worth to argue at all.
When the bid was there, DML is worth $1 plus...... when the bid slasped, DML is worth 60-35c......
you should Clearly know the market trust CFC or DML's valuation report.
If no more bid from CFC, I can assure you that you will never see DML's SP above $1 and if DML is still listed after 2 years, you are very lucky!
DML Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
