I know ASX rules are by and large irrelevant to trading on the ASX, but this from ASX guidance note 8 does seem relevant ... ====================================== Where, however, a media or analyst report or market rumour appears to contain or to be based on credible market sensitive information (whether that information is accurate or not) and: ~there is a material change in the market price or traded volumes of the entity’s securities which appears to be referrable to the report/rumour (in the sense that it is not readily explicable by any other event or circumstance); or ~ if the market is not trading at the time but the report/rumour is of a character that when the market does start trading, it is likely to have a material effect on the market price or traded volumes of the entity’s securities,166
ASX considers that the listed entity has a responsibility to the market to respond to the report in a timely manner. If the entity does not do so voluntarily, ASX will consider exercising its power under Listing Rule 3.1B to require it to do so. =============================================== The company got the mandatory speeding ticket last week for volume and price, ... it will be interesting if thie recent media reports seed another "Do you know anything "
DML Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held