DVM dvm international limited

Believe all the ANZ holding from Opes Prime was taken or...

  1. 756 Posts.

    Believe all the ANZ holding from Opes Prime was taken or distributed under the aegis of the Directors, and the ANZ only has nominee holdings left.

    The trades at 15cps today could well have been managed as Siren rightly points out that no-one was initially jumping.

    Of course there is going to be reluctance to sell from any punter who was 'convinced' to take at 20cps share although a few will sell and keep the option as after all Lake MacLeod-1 is soon to drill. Though, quite apart from the pre-spud excitement that occurs on the EGO site, one has to be careful about this next well given EGO's long history of drilling duds.

    It still does not detract from earlier comments I have made about DVM being virtually naked with a desperate need to generate a pipeline of drilling assets.
 
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