DML
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0.00% 1.9¢ discovery metals limited

dikoloti nickel project, page-49

  1. Marcer
    101 Posts.
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    27/03/14
    13:26
    Post #: 13180948
    Us long term holders are eagerly awaiting for all the directors who recommended we reject the Cathay takeover offer in December 2012 to offer to recapitalise the Company at the bargain price of $1.70 per share :)

    According to those directors $1.70 undervalued the company, and Cathay overstated the risks that Discovery Metals faced (ho ho ho).

    Thanks again for your stewardship guys. Big lesson learned from this debacle - never ever believe anything published by a Company director. Stick to technical analysis - charts don't lie.
    DML Price at posting: 2.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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