DVM dvm international limited

update anyone, page-7

  1. 756 Posts.

    DVM will have more than 27.3M shares after consolidation. With the overhang and the softness of the shareprice on suspension, are we really expecting then to trade north of 20c on requotation - I think not. In fact on the extant situation a deep discount to this is very likely. The present assets are cash and two farmins that may be dissipated by the time DVM is requoted. There are certainly other onshore exploration companies that have better metrics and better leverage, and have a suite of projects.
 
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