DES 4.35% 11.0¢ desoto resources limited

monday 26th, page-2

  1. 1,670 Posts.
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    Oscarone – trading has been good over the last 3-4 weeks but it always seems to be matched by (a) sellers, to the point that I believe this seller is holding the stock back by 3-4 cents, even today it was evident, take a look on the sell side and you’ll see a lot of stock between 25-27 cents. I have no idea who’s selling or when it will end and have not seen any company announcements on major holding changes. With 3 days to go hopefully we’ll get through the sellers before the good news comes out. Did you see the article in the fin review today with Dom – they article mainly covered music but they did mention last years figures so hopefully Destra will get good coverage by the fin review next week when they report. My thoughts are their earnings should be good and stand out due to the sale of the hoisting division, all up $15-$20m and hopefully followed up with a road show and further acquisitions over the next quarter.
    PS no I didn’t read or see any tie up with Powertel
 
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