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Ann: Release from Escrow, page-9

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29/08/18

23:37

Post #: 35279360
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Originally posted by IsdHope ↑

Hi Samjovanou,

Not ridiculous, Do they actually have to make the announcement yesterday before opening?

Can they not make the same announcement today or tomorrow when the prices of DCC would be a lot higher.

Due to this careless timing of the announcement, the share prices of DCC is now 12 cents, which is the share price of DCC when bit coin price was $1,000 lower. Now with 83 million shares overhang, nobody is interested to buy the shares anymore. Did you not notice the bid price was 700,000 shares to bid at 13 cents at about 10.10 am. Then a few major shareholders dropped 1.2 million shares and took the 13 cents and 12.5 cents down at one go. Bet they are scare of the share overhang.

Would you not like the share price to be higher or you just don't care. But I have plenty of shares and like most of us, I like to see the share prices go a lot higher than 12 cents if not because of this careless timing of the announcement.

By the way, do you or anyone know why 83 million shares came out of escrow and did the director pay any money for it?

Isdhope

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Those shares have already been 'paid' for a long ago, and kept voluntary on 1 year escrow by the entity responsible to take back DCC to life.

DCC Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.005(8.33%)		Mkt cap ! $56.31M

Open	High	Low	Value	Volume
6.6¢	7.2¢	6.4¢	$1.459M	21.77M

Buyers (Bids)

No.	Vol.	Price($)
6	251875	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	249997	2

View Market Depth

No.	Vol.	Price($)
6	251875	0.064
9	347833	0.063
5	538983	0.062
2	246153	0.061
9	149585	0.060

Price($)	Vol.	No.
0.065	249997	2
0.066	30000	1
0.068	449211	7
0.069	649225	5
0.070	404969	4

Last trade - 16.10pm 12/11/2024 (20 minute delay)

DCC (ASX) Chart