I believe not all of 42m shares will be sold and if they are then all supply will be taken out in next 2-3 days.
CXO to issue over 90m shares at 9c and still manage to trade around 12.5c, while having lot less cash than DKO and lot higher MC/EV than DKO.
Wise investors will snap up cheap DKO's while available.
Well but never take my words; this stock is always going against our research and opinion...So needs lot of caution...
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- Ann: Cleansing Notice and Appendix 3B-DKO.AX
Ann: Cleansing Notice and Appendix 3B-DKO.AX, page-9
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