DNK 0.00% 31.7¢ danakali limited

bill gates on African fertlizer, page-42

  1. 356 Posts.
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    Predicting the future is fraught with uncertainty. So far PG group's activities have been beneficial. They have taken out a long term nuisance seller in JP Morgan. The DNK share price has increased by 50% and the company is STILL grossly undervalued - so only more value there. They have precipitated the departure of an unsuitable CEO. Would this have happened if they had not awoken and motivated this somnolent board?
    At worst, if the share price retraces, most long term investors are no worse off.
    At best, the groups efforts to help raise funds will raise the profile of DNK and improve the prospect of the board securing the remaining funds. I welcome their involvement as they can be the catalyst to trigger (and secure) the final funding and start construction. The alternative for long term investors at the moment is to sell and move on? That was my strategy, which has now been put on pause, because my sentiment has changed.

 
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