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0.00% $1.27 dioro exploration nl

The issue I see is that if DIO holders accept the RMS offer,...

  1. jkez
    27 Posts.
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    13/08/09
    11:42
    Post #: 5502436
    The issue I see is that if DIO holders accept the RMS offer, many will sell on market as soon as the new shares are receipted.

    RMS is not exactly the most liquid stock on the ASX, and I think selling pressure will take the stock back below 45c.
    DIO Price at posting: 83.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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