DML 0.00% 1.9¢ discovery metals limited

competition, page-14

  1. 5,754 Posts.
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    "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!
 
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Currently unlisted public company.

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