DTR 0.00% 0.9¢ dateline resources limited

Ann: Non-Renounceable Issue, page-25

  1. 106 Posts.
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    Relax everyone, clam down, have some crackers and dip.

    Company has 1.1 million ounces of gold.

    Company needs money so they had to do a raise. The raise price was at market so that it was fair to all.

    The Directors are putting up $1.6m

    An experienced lead manager has been appointed, the lead manager gets a fee and some options if they place any shortfall. The lead manager stands to gain if there is a shortfall so they are probably happy with the share price fall.

    The tax loss sellers are doing what they normally do around this time of the year.

    Like I said, stay calm, the fundamentals are all there, it's a tough market and it's a tough time of the year but DTR has done all that it can to position itself for success.
 
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