AOE 0.00% $4.68 arrow energy limited

dart web page, page-7

  1. 13,068 Posts.
    lightbulb Created with Sketch. 18
    I had three holdings - one in my SMSF which I sold, one in my wife's name which we still have and a very small $600 holding in my own name which was my insurance against a capital raising, although the recent practice of renounceable raisings has invalidated this form of insurance. Given that I will get about $570 cash back for my $600 holding, I will have $30 of Dart shares in my own name. I asked the company if they would have a purchase program for small holdings. There reply was

    "There is no intention to buy small shareholdings of Dart shares. Your
    Dart shareholding may only be worth a small amount now but Dart Energy
    has some very promising acreage in several energy hungry markets."

    Even if its a ten bagger over ten years, my holding will only be worth $300.......

    Maybe I can turn it into a bigger holding when Dart do a capital raising.
 
watchlist Created with Sketch. Add AOE (ASX) to my watchlist

Currently unlisted public company.

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