DML 0.00% 1.9¢ discovery metals limited

debt & ... sp manipulation?

  1. 1,057 Posts.
    Has anyone noticed the very large number of trades for less than 50 shares today (and probably other days)? How do i interpret that? Is it someone accumulating slowly or someone selling a small holding slowly to drag the price down in hope to buy a lot more for less.

    "Also, i notices this in the annual report from GG
    The Company is now proceeding with the funding for the Boseto project and announcements will be made in the near
    future when arrangements are concluded. The Company and the likely debt funders and equity brokers are confident of
    favourable and timely completion of these separate funding arrangements."

    Anyone care to speculate what 'near future' means. I saw an article in the Fin Review (or Australian) recently that mentioned Discovery had already met with potential lenders so i guess near term could be weeks, not months??
 
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Currently unlisted public company.

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