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

DCN

Click for more information

0.00%

28.5¢ dacian gold limited

Ann: Investor Presentation - Building a Platform for Growth, page-9

First 9 Last

Share
Profile

Follow
BodoDell

473 Posts.

94

23/02/21

11:00

Post #: 51240782
Share

Originally posted by Greenflint: ↑

Difficult to interpret what these walls mean. Based on the share registry below (i.e. retail shareholding of 25%), I don't think we are in the game at all (more like we are the pawns). It is a game played amongst the HNW and Instos. We can only watch on the sideline and pick any morsel that is good to digest!

My positive interpretation is that the above figures are intimidations to warn off retail shareholders not to enter the long position due to the HNW/Instos entering the accumulation phase i.e. they are feeding off the weaker hands amongst the retail shareholders. Once they have enough they will release the brake and let the share price lift. The negative is that these walls are genuine and the HNW/Instos are attempting to sell off their positions on a winning margin. On balance, being an optimist, I am inclined towards the positive interpretation (assuming that they are many sneaky HNW/Instos who have deep pockets).

All IMHO.

Expand

There is a club and we're not in it. HNW/Instos are the king makers at the end of the day. We need to hitch a ride at the right time.

DCN Price at posting: 38.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

TNC

True North increases silver metal at QLD's Vero deposit by 20%

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Bitcoin: Current State of Play & Where to Next | Swyftx

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Emerald & Azure score Digger & Dealer awards

There are more pages in this discussion • 14 more messages in this thread...

First 9 Last

Add DCN (ASX) to my watchlist