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5.6¢ dakota minerals limited

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Kunleesp

1,252 Posts.

29/04/16

21:23

Post #: 17638446
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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

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I don't expect this to fall back to credit price, there will be further drill results released pushing the sp higher.

Just look at PLS which I own also, raised CR at 38c and no way will it ever see that price.

This is only going to go up IMO but I do understand what your saying.

Last edited by Kunleesp: 29/04/16

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