DIO 0.00% $1.27 dioro exploration nl

asx announcement , page-5

  1. 43 Posts.
    DIO is definitely worth considering, and has made some great strategic decisions recently, but the equity raising will hold it down for a while, and doing it in a foreign jurisdiction will add to the difficulties. A great alternative is BUL which has its reserves proved up, has done its equity raising before the correction, has been hammered by the market and is trading below the recent raising price. There have been no serious sellers, just panic on low volume. It's set to bounce back. (I hold BUL, and will get back into DIO when the money has been raised)
 
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Currently unlisted public company.

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