DES desoto resources limited

Destra cites increasing broker and analyst interest15:58,...

  1. 380 Posts.
    Destra cites increasing broker and analyst interest
    15:58, Friday, 3 February 2006

    Sydney - Friday - February 3: (RWE Australian Business News) -
    Destra Corporation Ltd (ASX code: DES) today replied to a stock exchange
    query over a rise in its shares from 14.5c at the close yesterday to as
    high as 30c today, together with an increase in trading volumes.
    Destra said there were several factors that might explain the
    increased interest in its shares:
    * the acquisition of the profitable Rajon music and video group
    announced on December 22;
    * the expansion of the Destra Music online catalogue to more
    than 1.3 million tracks, announced on January 11;
    * the Destra and 3mobile launch of Australia's first mobile
    subscription-based digital music download service, announced January 18;
    * the announcement of continued improved financial performance
    in the second-quarter unaudited Appendix 4C Commitments Report,
    announced on January 31.
    "We are also aware of increasing broker and analyst interest in
    the company, including a buy recommendation placed by Invest4profit.com
    this morning," chief financial officer Mr Richard Wingrove said.
    "Invest4profit.com advised its clients to pay up to 22c."
    ENDS

 
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Last
18.0¢
Change
0.000(0.00%)
Mkt cap ! $33.61M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $3.179K 17.58K

Buyers (Bids)

No. Vol. Price($)
3 72142 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 20000 1
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