I personally think it's perfect enough funds till The end of the...

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IronAwe

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16/10/17

16:49

Post #: 27940458
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Originally posted by DavidW ↑

Don't see a problem with the placement of the shortfall unless they fall into a few hands who will massage the price further down the track at a much higher price.

Another scenario being if a large lump just gets turned over quickly for a few pips by sophs in order to pull out a quick profit. In that case, we will all get access to a few cheaper shares until they are absorbed. The rate of absorption will be dependent on drill hits which of course the capital raising financed in the first instance.

I certainly did not expect the capital raising this soon because I wanted to accumulate more as did a few others. The rise in price may have stimulated DTM to take this course but in my mind it was really too small and in volume terms too to trigger the value decision for a true indicator of sentiment. Had we been able to accumulate more then the shortfall would have been less because we were entitled to more shares. That's personal benefit creeping in and there would not be in reality enough newer holders to take up the slack with older ones full to the gills.

So I am thinking it was an anticipated shortfall and now DTM are unrestrained in the shortfall allocation which will suit people they have in mind or perhaps part of JV planning. No reason not to contact them to get more of the action or simply wait for the share price to pullback if sophs get them for a quick profit. We will know soon.

Down the track all looks promising.

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I personally think it's perfect enough funds till The end of the year and with a good announcement or to the share price could be three or four cents. Raise more money at high prices,

DTM Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $5.427M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$2.374K	113.0K

Buyers (Bids)

No.	Vol.	Price($)
3	169206	2.0¢

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Price($)	Vol.	No.
2.1¢	84108	2

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No.	Vol.	Price($)
3	169206	0.020
1	35000	0.019
1	10000	0.018
5	251515	0.017
2	169750	0.016

Price($)	Vol.	No.
0.021	84108	2
0.022	45455	1
0.023	50000	1
0.026	13362	1
0.034	20000	1

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