DFT datafast telecommunications limited

silknet holding almost halved

  1. 142 Posts.
    I see Silknet's holding (read previous posts for background on liquidation and need to sell some of the shares) has reduced from 140,000,000 to 80,000,000.

    Appears to be a combination of on and off market sales.

    Large volume since last announcement accounts for the on market sales.

    Will be interesting to see direction of sp once Silknet stops selling. According to earlier posts, Silknet has a net asset position so the liquidator does not need to sell all the shares.

    anyone know more on this?
 
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