Australia's largest stock trading and investment forum Australia's #1 stock forum

DKO

Click for more information

0.00%

5.6¢ dakota minerals limited

Monday, page-19

First 19 Last

Share
Profile

Follow
ArgusAlgo

550 Posts.

29/04/16

19:08

Post #: 17637474
Share

Originally posted by vendor ↑

Beware of the dilution. The more they raise and the more cash they burn!!

DKO was looking very 'toppy' before the announcement.

This means holders off loading due to the mates rates raising.

Dont be surprised to see this fall back from where it is and fall back below the CR price as so many CR's do.

You know the 80% rule?? 80% of all CR's fall back below the raising price, so expect a sell off coming up.

Look out with the cash burn, that it doesnt fall further!!!

Cheers

Expand

So it might fall back to below the 20c CR price?

like maybe 18.5c?

or it could only be 19c if we are lucky ;P

DKO Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

EBR

EBR reaches review milestone for wireless cardiac pacing device

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

There are more pages in this discussion • 146 more messages in this thread...

First 19 Last

Add DKO (ASX) to my watchlist