DCL 0.00% 1.1¢ domacom limited

Domacom's comments on the Banking Royal Commission, page-14

  1. 63 Posts.
    lightbulb Created with Sketch. 36
    I don't think you can read too much into the light
    volumes @mayafushi, particularly when conservatively I'd say 65%-75% of the remaining shares on issue would be held by friendlies (directors/employees/long term supporters) at a guess.

    the benefit of light volumes means that should a significant party/investor want to get exposure they will have to pay a premium off market or alternatively anyone offered the chance to participate in any s.708 offerings would jump at the chance as any meaningful purchase would push the stock up too quickly - whereas on the downside there are clearly enough supporters who will let the non-believers sell down so they can pick it up cheap. if it was really screwed it would have fallen over by now is what I say.
 
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