DCN 0.00% 28.5¢ dacian gold limited

SEEMS TIME TO GIVE UP, page-149

  1. 2,806 Posts.
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    The gold price reached record high since the last cap raise and the average gold price has been around US1800 per ounce. But it wasn't enough to prevent another cap raise at a lower price. Companies like EVN, NST and NCM have been paying dividends while DCN has been asking for more money.

    Why did people start selling one/two days before the cap raise (high volume/lower price)? Many people jumped on board at 30-34c. It happens too often, the price goes down with high volume before the bad news arrives.



 
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Currently unlisted public company.

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