DTC 0.00% 23.5¢ damstra holdings limited

Ann: Trading Halt, page-73

  1. 3,555 Posts.
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    @thunderhead1
    Cheers for that TH. Hopefully Damstra's management haven't overpaid, having their eyes on the 2 prizes (Vault's customers & the Vault Solo product).

    I took the punt this morning to acquire DTC's shares 18% cheaper via VLT, as DTC's share price rocketed up on no news (leaky ship perhaps as @Nige456 pointed out).

    I put the chance of the scheme of arrangement failing at about 5-10%, so an 18% gap seemed too good to pass.

    Though with these small and illiquid companies, who knows what can happen!
 
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