DNK 0.00% 8.8¢ danakali limited

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  1. 1,621 Posts.
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    Isn't it interesting, we were just 40c 3 months ago and there wasn't much noise.

    Not much has changed in those last 3 months except for the award of the mining licence - which was home and hosed already for those following this stock closely.

    Speculative buys back then were around the 50c mark.

    Now the share price starts reflecting what we know to be representative of the fair value, and the noise starts and the buy recommendations come in and the speculative buys arise.

    This is all great, but a lot of the cost and revenue metrics have been known for a while.
    Just goes to show it's folly to time the market - it moves when it wants to move, and if you have done the research, you just need to hold your nerve and await the rewards.
 
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