Bit difficult to say "Cunning Couta".!!!
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That's also what I was being told when I was buying DIL in a downtrend between $3.80 and down to $3.45 just over a year ago !! I don't regret it.
For FA-ers, isn't it about DYOR before buying into a company and barring any unexpected announcements, sticking to your guns !?
Sorry not related to this thread per se !
It is hard to believe that David Ware's holdings are so small, he is basically Mr Team Talk and now his holdings are less than $200K hardly his baby anymore.
I was on this at $1.52 held for my Divvy last year and escaped at $1.65 so reasonably happy but didn't like the look of indicators, mind you I was beating myself up a bit for not holding longer as I saw the SP keep increasing. Feeling I am quite clever but know that was better luck than management......I can't see how they will pay dividends as it is just irresponsible in my opinion and as Mr Ware will not profit that much anyways, he should do the right thing and make the hard call - before Westpac does.
Any possibility of a take over at these prices?? 75 cents could SPARK some interest.....
Haha Birman, make them an offer they can't understand might be more like it!
On a serious note are any of their Assets that are appealing to another party?
Big guys usually kick the little guys when they are down.So rather than take them over I think they may give them a few well placed kicks.!!!
ICEMAN and ROGER.I have back tested both DIL and TTK charts, using 50 day and 200 day EMA moving averages.Takes all the guess work out of timing entry and exits.KW is right,IT REALLY WORKS!!!