WE WOULD BE LUCKY IF THE SHARE HOLD AT 12 CENTS FOR THE NEXT FOUR WEEKS, UNLESS THERE IS A VERY POSITIVE OR GOOD ANNOUNCEMENT COMES OUT, BECAUSE THEY HAD JUST ISSUED 130+ MILLIONS SHARES AT 9 CENTS AND ON THE 1ST OCTOBER THERE WILL BE ANOTHER ROUND OF AROUND 100 MILLIONS SHARES THROUGH THE RIGHT ISSUE ALSO AT 9 CENTS.
AS I SAID BEFORE THE MANAGEMENTS SEEMED TO GIVE AWAY FEES AND CHEAP SHARES TO INSTITUTIONS AT THE RIGHT TIME FOR THEY ALREADY MADE FORTY PER CENT SELLING NOW.
SO BUCKLE UP AND PRAY FOR GOOD NEWS.
HOEWVER ONE CONSOLATION THAT KEEPING ME HOLDING ON TO THE STOCK IS NEW HOPE CORPORATION HAS BEEN BUYING AROUND THESE PRICE LEVEL RECENTLY AND SEEMED TO ME THEY ARE STILL BUYING.
FOR NHC TO INCREASE THEIR STAKE AT THIS STAGE MAKE ME THINK THAT IT MUST BE SOMETHING ABOUT TO HAPPEN. IF NHC TAKES OVER DTE AT 20 CENTS EACH THEY STILL HAVE AROUND $1.3 BILLION IN THE BANK AFTER THE COMLETION.
THAT'S ONLY MY OPINION.
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