It seems the question most asked is who would offer a higher...

It seems the question most asked is who would offer a higher price with CFE already holding 36.20%.

As i understand it, DMM can do a placement at any time up to 15% of the issued capital without shareholder approval. Based on the current shares on issue, CFE's holding would then become 24.13%, not 36.20%.

Add that to the fact as it's been suggested previously, CFE announces a resource upgrade? Hmmmmmmm.....

The only question i have is: Does the recent 5.7 million placement that recently took place to CFE, prevent DMM from doing this?

Maybe some smart person can answer this.