I dont know why everyone is having a dig at the Chinese.
China has grown rapidly over the past 20 years and by using their own business skills, deserve to be where they are now. Business is business, so what if if this deal didn't go through, it happens everyday.
DML at current price is reasonably undervalued and i forcast a rebound after this debacle subsides and is forgotten within the next few months. This is what happens- people move on.
We all know DML is "in-play" and could be potentially taken over by several suitors. Surprisingly (and to me), no other bidder showed a remote interest whilse the Chinese launced a take over bid. Several reasons for this- others may have the capital to launch a t/o or they thought $1.70 was overvaluing it. Food for thought.
GLTA
DML Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
