bubsmark, really don't think CFC were ever interested in buying DML, pretty clear they just acquired a stake to sell it straight down for someone else's benefit. Unusual for big players to exit a stock by selling it straight down like this and taking a bit loss. Also tried to put in a short order at much higher prices (not that I was interested in shorting), but could not - shorts are maxed out on this thing. Anyway, today was the highest volume day since 4th October, so may be a bit of pro buying in there and the closing auction was massive. Also, gap at 66.5c filled and now have a gap above at 74c to fill. Be interesting to see what the next change in substantial holding notice says.
DML Price at posting:
65.0¢ Sentiment: None Disclosure: Held