shootersg
5th April 2007, 10:10 PM
Delong is proposing a 10 for 1 share consolidation to increase institutional profile as stated in their announcement.
It is still subject to approval of shareholders at EGM.
Question is how to play this share with that 10 for 1 share consolidation?
Delong is making money and with steel prices going up, Delong sure to make money.
But Delong has already went from 10 cents in Oct 2006 to 28 cents today.
How to buy, so high already? Or is it not high but have some potential? What do the rest think?
It is still subject to approval of shareholders at EGM.
Question is how to play this share with that 10 for 1 share consolidation?
Delong is making money and with steel prices going up, Delong sure to make money.
But Delong has already went from 10 cents in Oct 2006 to 28 cents today.
How to buy, so high already? Or is it not high but have some potential? What do the rest think?