DFT is worth watching now it is more realistically priced.
In the back of my mind would be the thought that it is seems to be a heavilly manipulated stock.
Is it a coincidence that the share price rocketed during the month that a new issue was calculated on an average of the share price?
Those people that got their $5000 worth of shares at 3.6 cents ( a discount!) should be questioning just how it was that the share price rose so much during novemeber/december and who or what was behind this that left them with shares 40% above the market price.
On the surface it would seem that something drove the price up pruior to the new issue. Who benefits by doing this ? Well, if you can't figure that out, then you would believe that the ASX is a free and fair market.
DFT
datafast telecommunications limited
