Hi , is this company delisiting? anyone buying any these...thought results meant be out today. Tx
Posted 03 December 2018 - 07:18 PM
Hi , is this company delisiting? anyone buying any these...thought results meant be out today. Tx
Posted 03 December 2018 - 06:09 PM
This offer makes no sense at all. 1 cents per share. That would mean they can buy the whole company for 6 million rand? How can board accept this?
good r/r buy at 2c now...cant see offer of 1 c being acceoted,,Bet Bidvest will looking at this closely
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 03 December 2018 - 05:27 PM
Posted 03 December 2018 - 05:17 PM
This offer makes no sense at all. 1 cents per share. That would mean they can buy the whole company for 6 million rand? How can board accept this?
Posted 03 December 2018 - 04:41 PM
dont know if this has been updated:
Coronation Fund Mangers 13.74% Investec 3.32% RAC Investment Holdings 16.76% Ukhamba Holdings (Pty) Ltd 21.18%
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 03 December 2018 - 04:39 PM
now this what what you call a con job.........
hope hey dont get the required % age approval... and they actually shouldnt unless other shareholders working in cahoots
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 03 December 2018 - 04:23 PM
**** not good news for DAWN shareholders, or am I missing a possible good outcome that will make the current share price of 1cent worth while?
Edited by Matrix, 03 December 2018 - 04:28 PM.
Posted 22 November 2018 - 01:56 PM
So now two big players are in line that might make an offer to buy this company. Will be interesting if Bidvest will announce this soon.
Posted 21 November 2018 - 02:59 PM
Interim results are due this week and hopefully they will bring some light to the cautionary announcement. Or does anyone know what the cautionary entails?
Posted 15 November 2018 - 03:11 PM
Could this kind of cautionary refer to a rights issue?
No, they already had a rights issue a year ago for R1 per share. They are nearly debt free so I think its either a take over offer or an announcement that a business unit will be sold for a good price.
Posted 15 November 2018 - 11:52 AM
Yeah amazing haha. I think they either selling a loss making division or Bidvest might have made an offer to buy whole company. Either case I still see a big jump for this share
Could this kind of cautionary refer to a rights issue?
Posted 14 November 2018 - 07:53 PM
Yeah amazing haha. I think they either selling a loss making division or Bidvest might have made an offer to buy whole company. Either case I still see a big jump for this share
Posted 14 November 2018 - 03:45 PM
Posted 14 November 2018 - 01:38 PM
Posted 14 November 2018 - 10:36 AM
Wow 100% this morning on the cautionary announcement. Wonder what it is. Does anyone have more information?
Posted 06 November 2018 - 11:39 AM
So at the current price of 5 cents all news will be positive. The only bad news that could push this share down even further is liquidation. They will report a loss in their interim financials, however they are on track with their cost-cutting plans to become profitable in 2019 or 2020. The most important thing is they are close to debt free and this came at a cost to shareholders (rights issue). That's why we see the price at 5 cents and not at 50 cents. People lost lots of money here if you look at where this share was sitting 1-5 years ago.
Posted 06 November 2018 - 08:58 AM
Do you think it will be positive?Nice, court case solved. Positive news flowing in now. Looking forward to interim financials.
Posted 05 November 2018 - 05:07 PM
Nice, court case solved. Positive news flowing in now. Looking forward to interim financials.
Posted 16 October 2018 - 03:06 PM
I think we have found a bottom here at 7 cents. Every time someone want to push the price down it gets bought up fast.
Current price is trading at a 90% discount to the rights offer price. Very interesting where this one is going.