DML 0.00% 1.9¢ discovery metals limited

The Rational Investor's Price for DML, page-15

  1. 1,739 Posts.
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    Max I have just read your thoughts on what would be a Rational Investor's Price for DML. I am no expert in these matters, and I do not understand how share holders could approve 4.8cents per share as this would only generate approx $31million and our debt is well over $100million, therefore shareholders would get nothing? I would have thought that we would have to get over 16 cents per share, to see any return to the shareholder. So I would I be better off dumping my shares onto the market at the current price of 1.4cents per share?
    What am I not understanding could some one please explain?

    Brian
 
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Currently unlisted public company.

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