DNK 0.00% 31.7¢ danakali limited

Paul Donaldson talks to Proactive Investors TV, page-10

  1. 7,556 Posts.
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    Bazz - no. I'm investing in DNK (well, really the project). I have been adding as much as I can along the way and I've got my average price down to around 29c. So I have no interest in trading this stock at all.

    BTW - I don't believe there are shorters in DNK. I cant see any ASX short data to suggest there are and it would be a mugs game to short such an illiquid stock. It would only take yesterday's small volume to send this over 50c. There is some selling at 28c but I'm predicting we see that creep higher and higher in the sell queue as the SP nudges up.

    With more good news around the corners, I sincerely believe there is more reason to be in than out.
 
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