nhc takeover of dart - increased stake, page-19

If NHC are conituning to buy, I suspect they will pass the 19.9% threshold by the time they get their placement and entitlement shares.


Perhaps someone can clear this up, but I think you can go over 19.9% if there is a placement/entitlement, so perhaps they are looking to fill their boots up to 19.9% with on market purchases and then go over that mark with the placement/entitlement allocations.


Either way, some good volume today and there's obviously some selling to accommodate, but it's looking good for DTE.


Some mixed technical signals on the weekly chart, but one of them is indicating a potentially strong 3-5 weeks ahead.