I'd rather buy again when this sell off has found its bottom. Who knows how many more shares that institutions and CFC are planning to offload to the market..
My gut feeling is that the change of control outcome will be a positive one. I find it hard to believe that management will turn into CR to shore up its funding, especially with the share price near 52 week low, that's going to be very dilutive just as CFC mentioned.
Only 8 more trading days till we find out the outcome or less if there's trading halt, only time will tell. I'll hold mine in the meantime. DYOR.
DML Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
