Undoubtedly, the legacy of R. Williams is expensive, very expensive to the historical shareholders of DACIAN ! Not so long ago, we paid DACIAN between 2 and 3 AU $, before seeing the price fall continuously, following the serious errors of R. Williams, not only on the estimate of the resource, but especially by selling the production at a ridiculous price over more than a year. Result, dilution on dilution and a number of shares rising from 250 million to almost 800 million! And now, another blow with a probable new issue for 40 million. Enough to ask questions about the governance of the company and to wonder how L. Junk plans to take advantage of the options that have been granted to him, on a basis of more than AU $ 1 and expiry of 2022 I believe. Or all this hides a future take over with a very interesting place in the company which will take control of DACIAN. In the end, there is a chance that the shareholders will be the big losers and only have eyes to cry on !
DCN Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
