DFT datafast telecommunications limited

share purchase plane?, page-2

  1. 599 Posts.
    Elie, Wish I knew. I am very wary of buying any more in this company having bought at much higher prices 4 years ago.

    However, after saying that.....have you read the paragraph "Ensuring you Have a Marketable Parcel" (this may not apply to you, of course). They are saying there is no minimum purchase however, if your shareholdings are under $500 they are suggesting you increase your holdings because in 2004 they intend to instigate a program that could lead to divestment of shareholdings under $500.

    I am sure there will be a few here from before the dotcom crash who may be in this situation - myself, one of them!

    Now, is this one way they will ensure getting some cash?

    Anyone else with views on this company? Are they going to be a turnaround story?
 
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