DCN dacian gold limited

That DACIAN is worth more than the GENESIS offer is obvious !...

  1. 899 Posts.
    lightbulb Created with Sketch. 433
    That DACIAN is worth more than the GENESIS offer is obvious !

    But it seems to me that it is dreaming to hope that a much larger offer will be made for the remaining 25%. Simply because neither of the 2 companies is currently really viable and gold would have to be at 3,000-3,500 for them to become so !

    The financial income does not cover the operating costs, I do not see the 2 companies surviving without dilution of the share capital and therefore further declines in the price.

    There remains the possibility of a takeover by a major company. But, here too, we must not dream, everyone will wait as long as possible to pay as little as possible a company that will be on the brink of collapse, business is business !

    In the end, it will be as always on **promotion blocked**, someone will be right and someone will be wrong... and I hope for those who have kept their DCNs that it is me who is wrong !
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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