DES 4.26% 9.0¢ desoto resources limited

how low does this go ...

  1. TTH
    1,252 Posts.
    Hi all,

    Well, for better or for worse, I picked up some more at 2.5c, albeit a modest amount (although it bought me a large number of shares compared to previous trades). Please don't hurl abuse at me for bringing the SP down that low, but heh ... at the time the highest offer was 2.3c, so it could have been worse.

    Shocking SP, in a shocking market. Who'd have thought this would become a penny stock?

    I can't see things having gotten quite as bad as this point if Dom was still onboard / the whole Opes-Prime / Prime mess hadn't occurred.

    Sorry to be so glum, but it was a bit of a down day. Therefore, I handled it in the only way that I know how ... buy more in the hope that there will be a turn-around some time soon, and hope that I'm not throwing more good money after bad.

    It would be nice if some management could start doing something visible to give this company and its SP a lift. Not just selling stuff (although that hasn't actually happened yet other than Magna's building that Dom sold) ... how about some positive moves, building and going forward?

    Cheers.
 
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