Same thing was said to me about VRI. I have read both prospectus' and at 20c and 7c respectively they would be good buys. But CFO at 60c? A $60m MC on listing when the prospectus has effecticely valued the company at $20m with a 20c raising price.
Not for me imo.
DLE is a simple maths equation. They got shares initially at.009 I think. Pumped and sold around the 2c mark. It dropped down and they got shares again at.011. Now up again where a smaller amount is being distributed. They having made there money now will probably wait for drilling to distribute what they want. .009 raising was cheap to begin with.
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