Australia's largest stock trading and investment forum Australia's #1 stock forum

DUO

Click for more information

0.00%

0.9¢ dourado resources limited

Ann: Entitlement Offer and Notice of Meeting, page-214

First 214 Last

Share
Profile

Follow
locieocie

7,100 Posts.

03/06/15

11:45

Post #: 15403446
Share

Originally posted by vontrader ↑

Both CMY and GAL got to $10M market caps pre deal

As long as GAL doesn't flop like CMY, then PW will have 2 recent tech wins

If DUO continue down the tech road, then safe to say there should be demand on the relisting as Minoil pointed out. Even after the soph placement it will be capped at around $4M with $2.5M cash. Has room to double pre deal like GAL and CMY

I'll likely take my rights just in case they don't let the instos manipulate it lower than 0.5c - i.e it is allowed to run and they simply take the lower being 0.5c

In the event they push it down to 0.4c then I'll grab a few more

GAL sat and lingered till the instos were set, then pretty quickly doubled and almost tripled once the FOMO kicked in

Expand

What is happening with GAL ?

DUO Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

First 214 Last

Add DUO (ASX) to my watchlist