DFT datafast telecommunications limited

very volatile on friday-up 28%

  1. 1,265 Posts.
    I am not calling this either way but worth keeping a close eye on it Monday. Only a penny stock, came out with a better then expected full year report and rose from 1.3 to 1.8 cents ( thats the advantage of having heaps of share on issue - gain of only .5 of a cent means 25% increase in money).

    Also someone mentioned they have a program to convert half of their Dial up internet customers to ADSL. Currently DFT one of australia's top 10 ISP's and buying out smaller ISP's at the rate of one a month.

    Could retrace, could go up another .5 cents - just suggsting its worth watching for a active traders.
 
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Currently unlisted public company.

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