I do believe from general chat at the AGM, and my question/comment to one of the board, that they are looking for another large, seed, long-term investor, selling it on the new growth story they are putting out there in the market. More as a show of confidence as opposed to any blocking tactic.
Also understand that one of the Top 5 shareholders had become a 'distressed seller' due to financial pressures in their own business, and had to sell up quickly (recall those trades at 0.004c and 0.005c) - approx. 35 mill shares, but that the bulk of the largest shareholders are still in (and some were at the AGM)
Like I said earlier, great time to issue a Top 20 now the dust seems to be settling.....why oh why in the Year 2008 can't be have real-time Top 20 lists - should be so easy for Computershare to do....
- Forums
- ASX - By Stock
- DMC
- my thoughts
my thoughts, page-19
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMC (ASX) to my watchlist
|
|||||
Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DMC (ASX) Chart |
Day chart unavailable