some perspective, please...., page-13

Hey guys..thanks heaps and for your input / research also.

Yep...I do believe its worth a punt...bit more than a punt for me...happy to buy more now and just hold as reckon it will get past to 20c area.

Right on Mac about those 2 largest holders Barnaby Investments Pty Ltd and TM Consulting Pty Ltd as they are the ones that both took up the rights issue.

Datadot seems to be trying to stop them through the takeover panel. See below.

I would say they are working in unison with each other to try grab the company.

Its definitely something to watch for us who are buying DDT for a couple of reasons

They have been trying to buy up heaps of them

DDT is on the rise and so far they have been un-succesful in pushing a takeover


They make a hostile takeover bid

If it goes hostile then they may be offering a good price for the shares down the track to secure a takeover.

Personally¡K.I am going to kind of ignore them as I figure if they want to company and they¡¦ve failed to get it where they we¡¦re trying¡Karound the 1c area¡K.and they want it so bad¡K.let them pay 20 or 50c for it.

The company is doing well¡K.actually making money now and yeah I agree with the potential it has..not just in Australia..worldwide and not on one product¡Kbut an amazing amount of products, industry¡¦s, applications.

Then there is the work they have done with the CSIRO which is now being patented and both DDT and CSIRO want it to go commercial¡Kthen the CSIRO seeing potential uses Australia National security wise. Pretty limitless potential imo.

I am happy we saw what happened Friday and can still buy in for a third of where it was before the credit crisis¡K.or even if it goes to 20c¡Kthen DDT getting some solid sales on a larger scope¡K..maybe its heading to 50c again or going to set new highs.

I¡¦m going to keep the gloss away and just keep buying some and some more on any retraces when people profit take or get nervous¡Kthat¡¦s what Bannaby Investments and TM Consulting have been trying to do so they are are obviously seeing the potential also but trying to get the lot heaps cheap.

http://www.takeovers.gov.au/content/DisplayDoc.aspx?doc=media_releases/2009/038.htm&pageID=&Year=
¡§According to substantial shareholder notices dated 13 and 14 May 2009 respectively, TM Consulting has voting power of 17.2% in Datadot and Bannaby Investments has voting power of 19.7% in Datadot.
The applicant alleges that:
„X TM Consulting and Bannaby Investments are associates and have contravened s606 of the Corporations Act
„X the acquisitions by TM Consulting and Bannaby Investments under the placement and rights issue are unacceptable having regard to the effect of the circumstances on control of Datadot and the purposes of Chapter 6 as set out in s602
„X TM Consulting and Bannaby Investments have contravened the substantial holder notice provisions and
„X the letter of offer for the rights issue to shareholders did not disclose the association or adequately disclose the intention for control of Datadot. ¡§


PS: Upmarket...nope...me and Sir Johnny are not related.

Looks like he got knighted where I am still waiting for mine :)