DTE 0.00% 13.0¢ dart energy limited

So, director buys 300k worth of ordinary shares 20 March 2012 at...

  1. 280 Posts.
    So, director buys 300k worth of ordinary shares 20 March 2012 at approx $0.34. Gas sales to begin inside 12 months with estimated cashflow of $540 million over 5 years, cash in the bank, 100mill credit if needed. ASX price query 27/03/12, no explanation of price drop and volume.

    It appears someone doesn't want the company split up by the Singapore listing and/or may indeed want the whole company before it is split up!!!

    Mr Davies certainly thinks the company has excellent prospects and it would appear he is in a position to make an informed judgement.

    Cheers

 
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Currently unlisted public company.

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