dml ..takeover target of CFC (major shareholder of dml) and other parties has today seen a sudden rise in price to 17.5c with sells dropping away fast.... sells 1.7mill ver buys 7.1 mill 17 buys 628,000 approx ver sells 118,750
CFC put forth in a confidential letter to dml it may make a bid ranging from around 35c to 40....but other parties have also been in looking over DMl...
After several months of examination we may be nearing the time for one to start the bidding...and see if the other top the bid
dml production has been on the improve and it has the support of its bankers.......
DML Price at posting:
17.5¢ Sentiment: ST Buy Disclosure: Held
