I bought over 30c recommended by a paid newsletter, then stopped out a year ago. Cant believe it is 4.5c now. I thought DTE main asset is international not Australian.
Directors bought 1,900,000 @7c, 6c &5c in the first and second drop days. It is a good sign two directors bought quite a decent shares at average over 6c last two days.
On 1/3/3, company announced, In this Open Briefing® presentation, Eytan discusses: o UK Shale gas - Dart Energy has one of the largest exposures to the Bowland shale gas play in the UK o The prospective Bowland shale gas play has been certified by NSAI to contain a GIP resource potential of up to 110Tcf net to Dart o UK shale gas is now the most exciting play outside of North America and Dart provides a rare exposure to growing interest o CBM - Focus on Airth in Scotland, production within 12-months, could generate >$500m over 8-years
DTE may have a bounce next week.
DTE Price at posting:
4.4¢ Sentiment: ST Buy Disclosure: Held