DML 0.00% 1.9¢ discovery metals limited

tomorrow`s opening bid , page-89

  1. 5,647 Posts.
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    Dont buy that in the actual data that Blackrock supplied they roughly sold 25% of the daily turnover so They had by my calculations 25 million still to sell at begging of 8th October and during those 6 trading days 5 would have supported their 2,5million per day - today did not and probably only got 1.5 million away. So by my calculations thay have got between 14 and say 16 million out so still between 9 and 10 million to go.

    My fear has been realised that the buyers out there are drying up and for them to get rid of the next say 9million they will in my opinion have to let the price drop further.

    I have stayed out of the market as I think it will struggle to get all these shares taken up without some positive news flow.

    Just my opinion.
 
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