I wonder what the independent valuations will come up with this time surely the assets alone are worth way north of CFCs opportunistic bid.
IE total net assets to 31st Dec 2012 $238 million divided by 487m shares equals 0.49 cents per share assets only. Its not very often you can come in and buy a fully operating Copper mine fully ( DISFUNCTIONAL ) at below asset value. Even the tax losses are worth probably 0.12cents per share?
DML Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
