So what has changed here? Did you run out of cheerleading terms to address the SP of Delecta? Or did you think that all your past posts were enough to create a feeling of impending positive share price increase?..................Your enthusiasm was nice but what is really needed with DLC is a turnaround of the business plan. If all that DLC has to offer is the 11 million shares that it holds of EUR, then shareholders are going to have to wait a long time to receive value on investment.
The mere fact that the m.day announced his buy of EUR (300,000) on the ASX was positive for EUR investors for sure and holders of DLC. But it is only an indicator of the future worth of DLC, not a value that investors can take to the bank at present stock value evaluation. An insider buy of stock is always positive as it shows the director (m.day) of DLC and EUR is positive and knowledgeable about the future of the stock mentioned.
https://hotcopper.com.au/threads/ann-appendix-3y-malcolm-day.4141849/?post_id=32548654#.WtmgVGfwC70
Between Aussieland and Germany there are approximately 30 to 50 million shares of DLC for sale at various price levels (LEVEL2 TRADING) and they need to be removed for the SP to really pickup. I plan on picking up a few but are you going to pick up the rest? And just what good news has DLC produced in the last 12 months in reference to profit and revenue?
Thanks in advance and I will be watching the bid and ask and trades of DLC with enthusiasm, I am very long and very invested in DLC so I will be excited for sure. Any SP increase will be positive for my DLC depot....................
