"Dacian has some very bullish analysts including Citi, which published a $3.00 price target when initiating coverage with a “buy” three weeks ago. The stock closed at 52¢ on Wednesday, leading some to quip the next group to initiate coverage could well be Korda Mentha ..."
well I wouldn't rule out DCN end up in receivership.... As the snippet from AFR says next coverage could be from Korda Mentha... News like this circulating could make this tank further.... not a good financial situation to be in..
DCN Price at posting:
51.5¢ Sentiment: Sell Disclosure: Not Held