Having a read through the quarterly report there are some points that are worth noting for the holders that may be getting tired of waiting for more news re the takeover. I think they are busy working behind the scenes to negotiate an offer up from the 55c to better reflect the value of DMG.
"DMG is continuing to negotiate with the Chinese investor..."
"... DMG is also having discussions with other interested parties"
"...any offers for the property must reflect that valuation"
LIBA Licence
"...programme to be undertaken in 2011, will have the potential to deliver an upgrade in resource classification, both to JORC and Chinese code, adding value to the deposit"
Now we are into the new year I would like to think news shouldn't be too far away.
takeover at a premium still on cards
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.762M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152000 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 242857 | 1 |
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