DES 4.26% 9.0¢ desoto resources limited

looking to rise great depth, page-15

  1. 6,676 Posts.
    lightbulb Created with Sketch. 7
    Clearly something is up, some bigger parcels today.

    I was/am thinking existing holders would be adopting a wait and see approach wrt BYI. So holding that thought, I'd have to say that a lot of the sales are going to new holders. So perhaps the tip sheet theory holds true. Either that, or a slow leak, in which case one could expect an announcement as early as tomorrow, possible Monday, but inside a week.

    Whilst the market would cheer a full T/O of BYI, its surely not that unexpected? So perhaps they are talking of a SPP, and people are taking a position?

    All IMHO

    Interesting. I need to re read my notes.

    Oscar






 
watchlist Created with Sketch. Add DES (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.