DES 4.26% 9.0¢ desoto resources limited

moderated and trading halt, page-4

  1. 6,676 Posts.
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    Welcome back Succession.

    I'd welcome any theory that would send the SP flying.

    From memory DES in the past have had trading halts for unspectacular anouncements, and this may well be the sale of it's property, which is pretty much guaranteed after they stated tenders closed last week with offers exceeding 18.5m. In which case I'm tipping they exchange contracts today.

    DES is vunerable at these levels so opportunist takeover might happen, could become interesting with a rival a strong possiblity.

    Could even be someone taking BYI off their hands, or something to do with BLU?

    Then again it could be anything. I'll be thankful as long as it's good. I am what some would say "overweight" in this stock.

    Cheers

    Oscar

 
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