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5,747 Posts.
120
12/08/13
11:57
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Kerrisdale
I would take it that Platinum bought in on the 30th June
If you would like to compare IVA to DML
you would not believe this is under 50 cents
From memory DML have over $150 million in debt
Their major 20 pertcent shareholder stopped
the takeover offer for about $1.80 per share last year
They also stopped a CR
Now DML have put the company up for sale and the major shareholder will offer whatever it likes
unless DML can borrow money
DML still trades at 14 cents
and they are a high cost producer
Imoo
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