let me get this straight

so DMN proposes to issue another 1.2 billion shares, along with another 1.2 billion options

this will give the company close to FIVE BILLION issued shares alone, and we are not even talking about DMNOA / DMNOC

DMN currently 0 buyers / 0 shares vs 129 sellers / 247 million shares

at the moment no one is willing to buy any shares

i hold a fair bit of DMNOC and was lucky to sell all my heads at a massive loss - got too carried away with their rare earths project. big mistake i know - i don't think i'll ever see the DMNOC money again

as discussed, DMN's in a trading halt because they aren't allowed to issues shares at 0.05 cents

but even if they WERE allowed (and given the current bear market), who in their right mind will take up the offer given the lack of direction of the company, and the fact that no one is willing to buy any shares at the lowest possible price?

it just doesn't make sense at the end of the day...