Forum Archive Index - March 2001

["George Hill" <ghill@buzzavox.com>]

What sort of liquidity is there in this stock, though?

-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of insight@edmail.com
Sent: Friday, 9 March 2001 10:58 a.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] Damba (DMB) - on the improve.

I've quickly had a look at Damba (DMB) and it got me interested.  The last 5
years has seen some volatility, with a downward trend for the last 2 years.
The stock is trading at an all-time low of 40 cents, compared to a previous
average range of 70-90 cent, and a high of $1.20.  It has released its full
year figures today, with revenue up 5.5% and earnings per share up nearly
300%!!  This is the second half year report that has seen significant
improvements.  I believe this could spell the start of an improvement in the
share price, and I certainly welcome any discussion on the stock.

Nigel.


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