DES 4.26% 9.0¢ desoto resources limited

Fortunately it came back to 25.5c at the close, down just half a...

  1. TTH
    1,252 Posts.
    Fortunately it came back to 25.5c at the close, down just half a cent.

    However, the SP has dropped to very low levels, and I can't quite understand why. Maybe it's the consolidation factor ... they're having to spend too much time and energy consolidating MPH, causing a bit of a hickup to their otherwise expansionistic tendencies.

    Any other ideas would be welcome (other than the whole 'bricks n mortar' thing, please ... that one was done to death!).

    Cheers.

    p.s. if it drops any more I might have to search for some more money to invest ... it is getting really cheap
 
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