I dont think there is a time period requirement for a director to announce a shareholding change. Can someone advice on this?
There must be a time period otherwise there is no need to disclose. My thougts were 2 weeks but that is only a guess
The rules are on the NZX website...
Looks like a large buyer is prepare to take out VIK's holding.
Something's up!!!
Easily - Ask yourself - how much operating profit did they make in the last two years before the finance world went kaput? Will they accurately report provisions on the loan book? Have they sold Equity investment advisors & why not (is it loss making?) What is the current NTA after they have sold the property? Will investor sentiment turn positive on the finance sector while the media have a blue chip / MFS / LOM / Geneva / field day with endless tales of misery to sell papers / advertising with?
A better question is - what are the odds on this company not going into receivership? They are never quoted as one of the big boys & appear to be under capitalised.
I am very negative on this one & have been for a long time - Can anyone change my mind with any factual positives on this company??????
Dont need to change your mind Dsurf. If you dont like it, then stay well clear of it. Maybe you can sleep better at nights. This stock is for people with large steel balls that dont need to sleep and have a $2,000 Italian coffee maker in the kitchen. :D
DPC is now considered a speccy stock. However most speccy stocks start the otherway. i.e start ups and not mature co's.
itheresting volume and good point.. who is buying?