DES 4.35% 11.0¢ desoto resources limited

stop fidlling around with your minnows/ up 14%, page-2

  1. 56,578 Posts.
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    re: stop fiddling around with your minnows/ up 14% She is about to fully break out monkeys.....give it a few days. Back into the thirties.

    Market cap only $28 mill - just so so so cheap.

    Sydney - Thursday - Dec 22: (RWE Australian Business News) -
    Destra Corporation Ltd (ASX code: DES) has completed its acquisition of
    The Rajon Music & Video Group, one of the largest independent record
    labels in Australia.
    According to Destra, "Rajon owns and controls a very successful
    catalogue of artists, which has an impressive track record including 32
    gold records, six platinum records and 42 major industry awards.
    "Artists include Melanie C (ex-Spice Girls), Tina Cousins,
    Daniel O'Donnell and Ronn Moss."
    Destra CEO Mr Domenic Carosa commented, "The acquisition
    provides scale and profitability to our Destra media division and
    effectively doubles the size of Destra in terms of annualised revenue
    and earnings.
    "Importantly, it forms one of the core planks of our media
    strategy - Music, Entertainment and Youth."
    Shares in Destra fell 1c to 10c today.
 
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