DCN 0.00% 28.5¢ dacian gold limited

Ann: Suspension from Official Quotation, page-233

  1. 13,842 Posts.
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    You can only go into VA if a company is insolvent and with cash in the bank and an income, then technically, DCN is NOT insolvent.

    Reserves may be lower but DCN would appear to be a going concern.

    Not sure where all of this talk about them going under in a weeks time is coming from. Does anyone have any other information that we should know about that might explain it? I mean, the idea could have been dropped in by someone wanting the opening SP after the announcement to drop dramatically so they could snap some up cheaply - or there could be some real material information to support the idea. If there is, can someone share that please.
 
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