DIO - Dioro Exploration
- Thread starter golddust
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Sold mine few months back at 14c, my head really hurts from banging it against the brick wall..
I'm still in
BUT
I'd be doing alot better if I had put a larger portion of my $$$ into DIO rather than diversifying.
Diversifying.... It's over rated!
Find a stock with substance and make the play.
Well that's one of 500,000 or so scenarios.
: Mind you it's exciting times ahead.
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Whats the new code for DIO ?????????????
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Temporarilly the code will be DIODA indicating the deferred settlement as a result of the consolidation.
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Can someone holding this fiill me in on how DIO is going ? the share price
changed with the change of consolidation .. but looking at the chart it seems to have tanked and is now capital raising big volume just before the drop ?
changed with the change of consolidation .. but looking at the chart it seems to have tanked and is now capital raising big volume just before the drop ?
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The canadian dollar is probably weaker than A$ now.
The sophisticated investors at TSX can buy one DIODA share at $1.60 as subscription receipt which entitle them a share (now about A$2.15) plus half option.
It will further dilute the current share value too.
My question why DIO could not raise the fund in Australia or ask the share holders to participate as well?
Does not appear to be a fair dinkum to Aussie investors.
Regards
The sophisticated investors at TSX can buy one DIODA share at $1.60 as subscription receipt which entitle them a share (now about A$2.15) plus half option.
It will further dilute the current share value too.
My question why DIO could not raise the fund in Australia or ask the share holders to participate as well?
Does not appear to be a fair dinkum to Aussie investors.
Regards
Finally some movement on Dioro today, it ended 7.09% up, been patiently waiting for such a long time.
Seems the market likes the imformation about the new non-executive Director, Dr O'Dea,
Impressive background:
- founder, president and CEO of Canadian listed companies Fronteer Development Group and Aurora Energy Resource
- both companies have become ranked among the Top 50 Strongest publicly traded companies in B.C. for their significant capital, liquidity and asset values.
Seems the market likes the imformation about the new non-executive Director, Dr O'Dea,
Impressive background:
- founder, president and CEO of Canadian listed companies Fronteer Development Group and Aurora Energy Resource
- both companies have become ranked among the Top 50 Strongest publicly traded companies in B.C. for their significant capital, liquidity and asset values.
Alot of stocks have been shot down, even with good ann. coming out,
Same with DIO, according to Fatprophets DIO has been busy with its operations, and now with a 1.99mill.oz gold resource,
A correction will eventually come, FP said buying DIO at this price is like buying gold at $46.
It will take awhile for the bull market to come back, DIO could fall alot lower due to fear and panic, these sellers trade on emotion, hold DIO
Same with DIO, according to Fatprophets DIO has been busy with its operations, and now with a 1.99mill.oz gold resource,
A correction will eventually come, FP said buying DIO at this price is like buying gold at $46.
It will take awhile for the bull market to come back, DIO could fall alot lower due to fear and panic, these sellers trade on emotion, hold DIO
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DIO has been a good share and its directors are real good.
However I believe they lost lot of capital when their spin off Loadstar become a falling star. LSR if you want to see. Most of the IPO went in the form of rights. DIO itself did not recover.
So it will be a while to see the recovery.
I for a change bought this share at low price and sold just prior to consolidation. It went down since then - never recovered but I could be wrong as I have not followed for long.
Just my
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Was pretty heavily traded when it was arounr 10 - 14 cents - but consolidation and nothing really happening in a weak market meant money was best spent else where I guess.
Fat Prophets loved it, but they will need to start to show some decent production and cash flow before it crawls back IMO.
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DIO got a speeding ticket for driving very slow. THe share price then shot up from 83 cents to 93 cents within a day. On Monday it was about 1.21 .
No news.
Probably it was opportunity today and it will come down again tomorrow.
Regards
No news.
Probably it was opportunity today and it will come down again tomorrow.
Regards
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Had a good look through the financials before deciding to buy in some more and they look good. Cashed up, good working capital and fundamentally very sound. Looks like a winner to me.
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yes, people finally came to their senses! Which is about bloody time.. though, thanks for the buying opportunities!
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smiles all round, happy coz LRF have a stake in this, all thought not to sure what exactly the extent of their investment is.. if any1 could shed some light on this much appriecitated!Similar threads
