DMN 0.00% 0.1¢ datamotion asia pacific limited

If no share consolidation, it will end up exactly same fashion...

  1. 8,355 Posts.
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    If no share consolidation, it will end up exactly same fashion as IMI. ( or Like current situation of DMNOA and DMNOC) where no buyer is there.

    For several months IMI remained like that. I believe ASX have a condition if a share goes without certain percentage of trade for long period of time, company may be forced for consolidation.

    IMI got forced to share consolidation recently.

    If not consolidation, only winner is one or two trader who can get out at the news at some profit. Everybody will loose badly. Eventually share become Untradable parcel(AS happened to IMI).
 
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