DML 0.00% 1.9¢ discovery metals limited

lets look at solutions rather than problems, page-2

  1. 3,206 Posts.
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    if you look at the price/volume charts, DML always rises on large volumes.. but falls on low volumes. My guess is the big players are not interested in selling this and is a long term hold for them. With a single asset that was valued at $500 million a couple of years ago surely the same is worth a bit more than what it is now. To me this is a great bet and entry point for a multibagger - but requires patience.

    The huge loss they posted was a one time impairment of over $200 million to the asset value. Does this mean they still value it close to $300 million?
 
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Currently unlisted public company.

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