Danakali Share Discussion Threads

[chancer6] 13/12/2007 21:51

Just need to ride out a couple more possible volatile sessions until the ADR's are gone then should see very strong and sustainable gains IMO. I'm off work again tomorrow so will be around. Catch yer tomorrow Jun!

[fidelmaestro] 13/12/2007 21:50

Chancer it may have hit 4.6p BUT idiots like you and Jun2008 are too full of yourselves to bank profits.... instead like wide eyed morons you watch it drop and wipe out c.20% profits.

And tomorrow all your profits will be wiped out as it opens 3p/3.5p

[jun2008] 13/12/2007 21:49

i see that, chancer, thanks. let us hope we can get some good things tomorrow although it is friday which not much good things normally there. But, I can see the whole market is up because the Dow was up a lot tonight.

[fidelmaestro] 13/12/2007 21:48

clueless Jun2008... and i retorted back that IF as you say US follows UK.. why did it end the equivalent of 3p/3.5p and not equivalent of 3.8p (31c).

Wait till tomorrow morning when this opens 3p/3.5p and then apologise for being such cluless idiot, like you pal chancer.

[chancer6] 13/12/2007 21:46

The LSE price has started taking the lead Jun...it happened from Wednesday when the price rose by 70% here first...then that was reflected on the ADR's and they were marked up by the same percentage.

[jun2008] 13/12/2007 21:43

"i can see that Danka in us is following the market trend in UK now." this is because you said the uk market follows us market and ur calculation in ur message of 820, I replied that words to you.

and FidelMaestro, now it is you are clueless and pls work it out then you speak out.

[fidelmaestro] 13/12/2007 21:39

chancer you clueless gimp. Danky goes OTC tomorrow.

[fidelmaestro] 13/12/2007 21:38

" our price would have closed at 3.70-4.50p if those buy orders were not on the order book."

PMSL.... and it would be £1-00 if ALL the sell orders were taken out all the way to £1-00.

Talk about pathetic hypthetical wishful thinking.

[jun2008] 13/12/2007 21:36

hehe, let us see. if it opened 3p tomorrow (possibly it would because some orders that people put today will get through in the morning), i bet it will go up soon tomorrow to 4.5.

[fidelmaestro] 13/12/2007 21:35

Jun2008

you are the one who said :

"i can see that Danka in us is following the market trend in UK now."

so if US is following the UK market.. why didnt it end equivalent to UK price ?

you are as clueless as your mate Chancer.

It will open 3p/3.5p tomorrow. And I will be here to remind you of that.

[chancer6] 13/12/2007 21:34

The ADR's closed down just 9.00% despite being so close to de-listing and more selling. Under my 10% target in earlier post which means we should NOT see any falls of significance on our listing. Again there was around 247K in buys versus 458K in sells. 2 things there again that some buys are still going through and everyone has nearly finished with their selling. This should prevent any significant falls on the ADR's going into the last one or two trading sessions.

As I iterated earlier that our price would have closed at 3.70-4.50p if those buy orders were not on the order book. All 4 MMs are on the 4.50p offer and after today's failed shake attempt we should see the price starting rising again tomorrow. Price is in an uptrend now and any rises will be greater once the ADR's are gone. Though they may start again before Monday when the ADR's get de-listed as per Wednesday when the LSE listing took the lead and the price rose by 70% here first and then the same gains on the ADR's. Minimal downside with huge upside potential!

[fidelmaestro] 13/12/2007 21:33

IT WILL OPEN SUB 3p TOMORROW

[jun2008] 13/12/2007 21:32

oh my, fidemaestro, the price is in the market not man made them. i dont see the point why you must equal their price in two different markets? Today, dnk down 14% here in uk and 12% in us. so, based on your logic, Uk following us, it must be up tomorrow because uk market did not down as equal as in us?

these 3 days, when dnk was up/down in UK then US followed, vice versa.

let us see tomorrow and no need to argue too much. I have done my research and i believe it.

[fidelmaestro] 13/12/2007 21:21

Jun2008

what are you laughing at ?

If the US was following the UK.. why didnt Danky end the day at 31c ?

as 31c = the current uk price

it didnt end at 31c but at 24.25c which equates to just under 3p.

[jun2008] 13/12/2007 21:16

lol, i can see that Danka in us is following the market trend in UK now.

This afternoon, I saw the share price stopped falling from 3.50. Tonight, Dow and Nasdq closed much higher than yesterday as I expected this afternoon. I can see an uptrend tomorrow of DNK.

[fidelmaestro] 13/12/2007 21:15

Danky ended at 24.25c. That eqauates to just under 3p UK price.

So this will be opening down tomorrow

[mcmackey] 13/12/2007 21:06

oh dear Danka in the US ended 12% down.

[jun2008] 13/12/2007 18:47

just had a nice sleep. lol

be patient, all

[chancer6] 13/12/2007 17:16

A classic day when it was so evident that the market makers were keen to get some stock back at lesser prices having sold the amount of shares they did yesterday at 4.0-4.75 pence and filled buys of the size of 550,000 and 475,000. All day long they tried to get stock but could not get any. Buys outnumbered the sells and there were even buys going through at 4.90p this morning. Currently NASDAQ ADR's are back to unchanged for the day and naturally more sells there than buys as the de-listing should now happen after the end of tomorrow's trading session or at anytime on Monday. As long as the ADR's don't drop by more than 10% or anything then our price on the LSE should begin the next wave of rises tomorrow IMO. The price may have closed at 3.7-4.0p though its important to look at all the behind the scenes stats. All the four markers are ready with 4.50p on the offer. The screen offer price is only shown at 4p because at close on the order book there was a 10K trade ready to be put through, + 10K at 4.1 + 10K at 4.20p. The way the market makers are positioned is another clear signal that the price may well be over 4p come tomorrow morning easily. Volume was good again today though not excellent like yesterday! Once the ADR's are de-listed the price should have already begun or corrected itself to IMO around the 7-8 pence levels minimum. Well done if you held strong today!

[chancer6] 13/12/2007 16:32

Looking good...up 6% on the ADR's now.

[chancer6] 13/12/2007 16:12

ADR's are still up 2% on NASDAQ. Offer over 4p again....10K at 4p, then 10K at 4.1 then 10K at 4.2 and then 20K at 4.50 pence.

[chancer6] 13/12/2007 16:04

If all the orders are taken off or put through then as things stand the screen price would be 3.50-4.50 pence. What a blatant shake today after filling the 500K and 475K buys yesterday.