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28.5¢ dacian gold limited

You should have been a little more patient before jumping the...

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Hashimoto

1,992 Posts.

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21/02/23

12:41

Post #: 66370508
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Originally posted by RooBendigo: ↑

I notice they were careful to say DCN may seek to delist .... that is just a statement of fact true for any company. If GMD could delist without minority shareholder approval they could have done that already. I am pretty sure it is not permitted to delist as a tactic to make a TO offer succeed, so I guess they are sailing as close to the wind as they dare.

I did look at delisting rules and concluded I needed lawyers if not guns and money to answer your question for myself.

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You should have been a little more patient before jumping the gun to buy DCN, they were always going to get cheaper considering KIN/Delphi have run out of money for on market purchases and expiry of off market TO offer.

DCN Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
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