This is a good situation for dvm should they go ahead with that opportunity to take up the remaining shares in XDK South China petrochemical Limited. With oil exports falling 83% in march and imports rising 9% seems the chinese demand for oil and petroleum products is surging. Dvm can position itself to take advantage of this with the fuel storage facility, oill and chemical jetty facility, wholesale gas and oil and Bunkering projects.
They recently completed a cap raising @8c to raise a million dollars. Wonder when we see what they are spending the money on.....
Waiting patiently to see the story unfold...
This is a good situation for dvm should they go ahead with that...
Add to My Watchlist
What is My Watchlist?