Alot of the post today regading DML are questioning the need for a capital raising? I am a little confused? Is this in regard to negative cash fow for 1Q of ($31.37m) but the report also states the company has $16.9m cash 31st March. Project debt $176m but they met their repayment for Q1. The fall in price is more about setiment than performance. I put my faith in the capable hands of the directors and ride this one out!
DML Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held