DML discovery metals limited

trading halt please, page-6

  1. al1
    2,034 Posts.
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    these falls have not be on huge volumes and there has been a lot of churning going on....
    2 trading days for the fin yr left after today.....may just see an end to this fall...as soon as we enter july.......
    at 12.5 ....well good time for me to buy.......

    the hedging should protect dml to yrs end and higher grades and increased production will help...now all we need is higher commodity prices to improve the outlook........

    the 14 june was the last shareholder notice.....
    it was from UBS..an increase from 5.65 to 7 .05%

    aren't they one of the advisors hired by dml to manage any potential deals with these interested parties.....
    as for macquarie...they just hide below disclosure level of 5%..so no knowing what their game plan is......

    the report dated june 12 to the asx was very encouraging...so most would be stunned to see the price at 12.5c....but with big players in the stock...there is no knowing what their intent is...they control it........

    any decrease in price will decrease their tax liabilities at june 30...profits are for the 2014 fin year...so may pay to wait the week out
    12.5 ...thank you..i will now sit and wait it out


 
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