DTE dart energy limited

Advice:, page-8

  1. 3,444 Posts.
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    All,

    Contrary to my initial strategy to sell 50% ( personal holding) at the time the IGAS TO was made and to retain the rest to see what pans out in the time leading into September, I did sell 50% at 16.5 c but then proceeded to sell the remaining 50% (early July) at 17.5. I guess I was fortunate to buy in low and thus fortunate to exist with a few buck.

    I still held a smidgen in the SMSF and got rid of them today at 13c - made a few bucks but nothing to talk about.

    I've been in DTE for quite awhile and had high hopes for the company, particularly with its great assets and while the old board was still on board. Sadly a company will only be as good as the captain who steers the ship. These new guys, I believe, have had hidden agendas from the outset and I don't trust them one bit. I believe they have stuffed up what could have been a great company.

    Any event, I wish all those who have been in this for a long time, that things will turn out for the better.
    Should the T/O fail, which I hope will be the case (but doubt) and if SP drop back to 10c ish, I'll seriously consider to re-enter. The assets are great but I think there is conniving which might see NHC or one of it's "hidden related companies" pick up the NSW assets for next to nothing. Sadly.

    Best wishes

    Au Revoir!!
 
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