DES 10.6% 7.6¢ desoto resources limited

Cwb, I don't think thier trying to move the share pice with the...

  1. 3,610 Posts.
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    Cwb, I don't think thier trying to move the share pice with the annoucements, just keeping everyone informed.

    I prefer that to nothing at all.

    Recuring revenue should be growing, and with the cash in hand that they have the company is undervaued on an asset basis, like alot of others.

    It'll become a Flavour Of The Month stock again, when everyone gets sick of uranium/oil stocks (probably when China has a rest towards the end of next year).

    By the way, if your heavly invested in oil stocks just watch out as the US stops stock piling for the SPR, which means they'll be a few more barrels floating around after that. I'm expecting a major correction down to around $37 for a few months.

    regards.
 
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