DFT datafast telecommunications limited

re: diary note Been really bizarre in the last week. Very...

  1. 616 Posts.
    re: diary note Been really bizarre in the last week. Very surprised that the four million order at 1.5 wasn't pulled or perhaps its still supporting the price at 1.5.

    Volume has dropped off in the last few days - no trades at all yesterday and stock at 1.5 on Tuesday. Hasn't exactly taken off and sellers still happy to sell at 1.6. Was a time today when all shares at 1.6 were purchased along with <29K at 1.7...

    I would also expect a revenue/profit report in the short term - as in soon - expect this to be positive.... As I mentioned before, the only problem with the stock is the volume of shares on offer and the shares get manipulated badly. Loads of shares have been bought up at 1.5/1.6 - they will be looking to unload soon or perhaps these are the 1.5 sellers we're seeing at 1.6?

    Until we see some solid movement into 1.7 and support at 1.6 - that will be the indication to buy. It will have its day - just not today... but soon.

    SB
 
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