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[sharechat] DPC Rocket

From:	"Richard Hooper" <hoop@ihug.co.nz>
Date:	Tue, 3 Apr 2001 10:56:15 +1200

Seems someone has built themselves a $113 rocket ..lit the fuse and off it went

Dorchester Pacific Ltd ( DPC) up from 104 to 113 with 100 shares traded

DPC results still about 2 months away so a wonder if this person paid a cheap price to ramp this undervalued share upwards for cheap thrills or was it that he had to show his share portfolio to his bank manager this morning :))))

An interesting thing emerges out from this situation ...with a company with a small number of shares approx18.1mill and over 1/2 of those shares locked up with 7 investors few shares see the trading floor .With recent low demand the shareprice has be stable (-ve trend) however there is potential for this share to become highly volatile if demand does return.

will continue to watch with interest

Disc own DPC shares.....and no it wasnt me

Hoop

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