I don't think a major shareholder would deliberately run his own company into the ground when it pays a substantial dividend to him is what I meant, only a fool would do that. I would have thought that if these guys were so on the nose they would have been absolutely smashed by the market today which dropped 4%, the banks dropped almost 5% yet DCG only dropped 2%. Today's small drop surprises me based on the market's broader drop and majority of neg-raving comments that they get on Hot Copper so perhaps they are bottoming out, I have no idea. I guess time will tell and it will be interesting to see how it fairs if the markets continues with a broader sell off given the limited shorting scrutiny that they appear to be under-at this stage-and that they have a share buy back in place which may increase earnings per share if they follow through with it, usually means a company has spare cash and believe their shares are undervalued and have limited other options to pursue-just my opinion guys..
DCG Price at posting:
97.0¢ Sentiment: None Disclosure: Not Held
