DMN 0.00% 0.1¢ datamotion asia pacific limited

trades 1/4 to 15/04/2011, page-2

  1. 5,079 Posts.
    what do you make of that downside,

    in that period well over a bill shares traded, just in heads, pretty much all at .4 cents
    and net sells of 250 mill, and a little less buys,
    so in my book 3/4 of the vol was churn at pretty much same price.

    it is not unlike WHN when it looked like shares sold to comsec like buying, we know that WHN run up after those trades.

    reasons I see that churn would happen could be to get on vol alerts and therefore watchilsts, but I could be wrong

    could be new buyers taking placement stock

    I suppose we wait till drilling starts, until then there wont be serious money coming in, then ut us a matter of as it gets closer to some results it's who pulls the trigger first.

    This is a very high risk one, but as we have seen by LYC price rise and market cap it could be an extremely rewarding one,
    that is the game at this end, how much do you risk for a potential gain.

    With 2 years to run on DMNOC and almost at strike price I don't see a lot of risk, but of course it needs the heads to run in order for the ops to, that wall on DMNOC at .2 cent wont mater if the heads move to .6
 
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