DES 4.26% 9.0¢ desoto resources limited

great value, page-6

  1. 4,504 Posts.
    I just think based on Fundamentals and earning this year, thats its cheap at the moment.

    Also, the CEO has been in the Media saying that they are looking at host of acquisitions so I guess if thats true, then it could very well go up from here.

    Also, there is the whole BYI factor as well and whether they'll launch a bid etc.

    I think they're cheap at these levels and should go back up to 25c shortly imho
 
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