DMA 0.00% 6.0¢ dynasty resources limited

atlas iron holds 500000 shares worth over 1.5m, page-10

  1. 1,341 Posts.
    Great business model

    Peg ground (lets say cost ~ $40,000) - create company (costs $1,200) - issue heaps and heaps of shares to oneself - find broker - list - wait two years

    Even if you sold at 10 cents a share, you would still make 50 times your money

    Problem with that of course - what was the ground that was pegged in the first place - does it have an ounce of anything
 
watchlist Created with Sketch. Add DMA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.