Dart's SP is back where it was 3 months ago - it's fallen 33% since New Hope announced their attack on the old board. Down 20% from the level at which New Hope bought a further 32 million shares. All I can see is a steady pattern of support levels being taken out every day.
At the AGM the only thing that the new chairman could say as to how he intended to run the company was that he would be communicating with the market and shareholders.
The new board has been in for a week as of tomorrow morning. It's definitely time the chairman started communicating and gives us some idea of what his vision for the company is and how he intends to steer the company in that direction. With a little luck he may even give some indication of how his vision for Dart might fit with the hopes of the other 84% of shareholders.
Come on Rob Neale - communicate.
DTE Price at posting:
10.5¢ Sentiment: None Disclosure: Held
