Danakali Share Discussion Threads

[krazykid] 03/4/2007 00:04

thanks Zedds and geng, yes i wondered where BP came from and it did concern me as im in a loss at the mo and it did make me hesitate in buying! when i said 3x the volume i meant Danky, think you gave me a Yahoo link last year which i use.
thanks for the new link ;>)

[zedder] 02/4/2007 22:50

The Short Interest in DANKY (the US equivalent to DNK, except 1 x DANKY = 4 x DNK) increased slightly to 15th Mar; see:



These figures are updated towards the end of each month.

Despite the bashing on the Yahoo board, claiming that DANKY is in imminent danger of bankruptcy, if the " word were out there", I would have expected the Short Interest to increase rapidly. It is nearing a 1-yr peak, but I don't read anything significant into that. I've purely been watching the volume. DANKY tends to drift lower when volume is low, and then recover lost ground quickly when the volume picks up.

I based my buy on Friday on a pick up in volume. DANKY closed at $1.20 in the US. That's equiv to 15.2p; based on $1.20 divide 4 (1 DANKY = 4 DNK) divide by 1.97 ($ exchange rate).

[geng] 02/4/2007 22:24

BlackPerl,

Looks like you are just quoting a poster on Yahoo called momentumman2002.

He's a well known basher who in my experience turns up and bashes around the bottom of most drops.

Also the average daily volume until today was tiny. So the "sell off" can't be that big. Then as soon as we get some reasonable volume the price rises. I'm with Zedder. closed my short and gone long at 13.5p. Could have got 13p at one point.

With regards to debt for equity, this may take some doing with the institutions holding around 30%, long term insiders and PI's probably holding around another 30% it may be hard to do voluntarily. Although I'm not sure how much force the Cypres bond holders can apply.

Would be good to see AD Frazier buying

[krazykid] 02/4/2007 21:52

BlackPerl, obviously your post concerned me, is the situation the same and how do you check? Looked to me like the volume was 3x normal today, although dont know split of buys/sells.

Zedds, appreciate your thoughts to :>)

[zedder] 30/3/2007 17:48

Mine was dealt by Barclays through PlusMarkets see:

[krazykid] 30/3/2007 17:25

Zeds, did you buy on a s/b as cant see your trade, think a few are reported wrong in this mix. i dont have much confidance at the mo, last lot bought at 22p (which i still hold) but I know you knows your stuff! when they got the Lexmark contract here I though wahay this is gunna go and then they sold off the UK (europe)!

[rabbrooks] 30/3/2007 16:45

Maybe the bankers are ready to withdraw facilities. This could be a wipe out for us or is there anyone with either knowledge or confidence on the BB board?

[zedder] 30/3/2007 16:27

9330 at 13.25p

[zedder] 30/3/2007 16:20

Been out of DNK for a while, but volume is building so time to jump back in.

[latifs100] 30/3/2007 16:04

13p to buy now...lol.. wen will it bottomed.. i hold from 36p. and 26p.not buyin anymore till any rns

[sirmark] 29/3/2007 22:16

14p has got to be a BUY from tomorrow if there is a drop of 4%


GL ALL

[latifs100] 01/3/2007 19:59

any ideas on this one...16p to buy

[zedder] 06/2/2007 18:32

Results weren't great again today. Still glad I sold just after the last quarter. May be hope for the future though so will continue to watch.

[rabbrooks] 24/1/2007 14:50

Is there anyone out there with any knowledge of current situation. Is the previous month's chief exec still employed.The turnover in main executives does not give any confidence to anyone.

[latifs100] 27/11/2006 14:33

us dollar fallin, and europe sale decision on 8 dec

[geng] 24/11/2006 14:57

Who knows - same old Danka just when you think things are ok the price drops !

The price has dropped on very low volume - mystery.

I'm back in and holding - have ot wait and see

[mr_chaps] 24/11/2006 10:30

what happened since mid OCt?

[latifs100] 15/11/2006 11:37

1.71 in usa

[geng] 07/11/2006 13:54

Could be eventually breaking 40p ?

Another positive earnings quarter

should fly now - we'll see

[yellow_snow] 12/10/2006 14:59

It wasn't loss-making. The US ops have been the achilles heel for a long time but in that respect they also represent a big opportunity.

[krazykid] 12/10/2006 14:49

Got to be good news for US though to get shot of the loss making arm. Should be seen as positive

[zedder] 12/10/2006 14:01

Back below $2 in the US pre-market. A bit of pump and dump going on?