DON
Click for more information
0.00% 4.5¢ diamonex limited

It looks like Diamonex will live on, though existing holders...

  1. gliontos
    1,298 Posts.
    lightbulb Created with Sketch. 69
    clock Created with Sketch.
    02/10/09
    18:08
    Post #: 5727730
    It looks like Diamonex will live on, though existing holders will be heavily diluted.

    Not a great outcome, but better than going in receivership.

    ASX Announcement: http://stocknessmonster.com/news-item?S=DON&E=ASX&N=214412

    On the positive side rough diamond prices have recovered, and the world is running out of diamond mines. See article below.

    SMH: Diamonds aren't forever, the pipes are running dry.
    http://www.smh.com.au/business/diamonds-arent-forever-the-pipes-are-running-dry-20090923-g2sp.html
    DON Price at posting: 4.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

NEWS Conference preview: Sprott founder Rick Rule shares his secrets to investing in commodities
right-arrow Created with Sketch.
SIG Sigma Healthcare shares drop as ACCC waves red flag over Chemist Warehouse ASX listing
right-arrow Created with Sketch.
CZN Corazon acquires three new base and precious metals deposits in rich territory, Canada
right-arrow Created with Sketch.
NEWS Money and Investing: Fixing financial mistakes in your 30s and 40s
right-arrow Created with Sketch.
RAC Race delivers promising results in cancer drug mice research into heart complications
right-arrow Created with Sketch.
I88 Infini Resources logs two new uranium targets at Des Herbiers
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add DON (ASX) to my watchlist

Currently unlisted public company.

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