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  1. #501
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    Isn't it quite clear that St Lawrence are going to use DPC as a vehicle to back door list?

    Further, isn't it quite clear that DPC's own money will be used to effect this transaction?

    Things are not quite lined up, yet. BK needs to talk down the price of DPC a bit more. Perhaps some of the larger DPC holders need to be brought to heel.

    You can be assured that the small, retail DPC holder will not see the full enjoyment of the assets that they currently own.

    Business, as usual, in New Zealand. Dirty deeds done dirt cheap.
    Do not consider my postings as investment advice. I am here to share research and to speculate on what might be. The boundary between fact and conjecture might not always be clear - best to treat all comments as speculation.

  2. #502
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    Quote Originally Posted by dsurf View Post
    VIK & BK were excluded from the sale process. So BK got an investment advisor working for IRG which is owned by VIK to buy it. VIK then bought it off the advisor.

    The circus continues!!!!
    dsurf... you are close to being spot on, except the advisor was not a frontman according to BK. Quote BK".....While it looks like Rogers was acting as a front man for Viking that isn't the case.."
    From the Good Returns weekly wrap article



    Result at half time BK 500, Rogers 1500, DPC/STL 500, DPC shareholders 0

    Time for Commerce Commission to have a look into DPC / STL methinks.

    If I was a shareholder I would be sending an email to the CC about now.

  3. #503
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    The DPC shareprice could be seeing new lows next week by the looks of it...
    Death will be reality, Life is just an illusion.

  4. #504
    Guru Dr_Who's Avatar
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    Thats funny. When BK was running DPC, the Directbroking business was making a lost and they had to get rid of it. What is different this time round.

    I agree with you Hoop. The CC should have a closer look at these smoke bombs.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  5. #505
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    Default New Board members

    Ok todays ann
    We have a shuffel whats the verdict ???
    I dont know of them so cant comment, but am interested
    in other comments.
    BB

  6. #506
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    Billy Boy Man that has been buying lots of shares now runs the company
    Possum The Cat

  7. #507
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    It is a breath of fresh air. I like both of these guys from the background described. Anything is better than Andrew Walker.

    The fact that DPC can get these two reputable people on board tells me DPC will not go under. In fact, Brynes not only steering the boat but also bought shares in the boat is a welcome sight. There is hope yet for DPC.

    This is indeed very good news.

    I see VIK continues to sell while talking trash about DPC... LOL. VIK still holds 1.3 million shares. I may even top up more shares once I see DPC bottoming out.
    Last edited by Dr_Who; 21-05-2008 at 01:08 PM.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  8. #508
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    Quote Originally Posted by POSSUM THE CAT View Post
    Billy Boy Man that has been buying lots of shares now runs the company

    Not lots ... just some
    _________________________________________

    Yep DOC
    I be watching as well.
    DPC is one of my gambles.
    I dont know why !! But for some reason this one feels right.
    Maybe I'll have to eat my words.... well we will see !!
    BB

  9. #509
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    Quote Originally Posted by Billy Boy View Post
    Ok todays ann
    We have a shuffel whats the verdict ???
    I dont know of them so cant comment, but am interested
    in other comments.
    BB
    The shareprice showed a distinct lack of interest...
    Death will be reality, Life is just an illusion.

  10. #510
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Steve View Post
    The shareprice showed a distinct lack of interest...
    True - however the depth (bids vs asks) has somewhat changed. Huge number of bids @35 - not too far from the current price. Only small number and small parcels of shares on offer. SP might be close to bottoming out.
    Last edited by BlackPeter; 21-05-2008 at 07:54 PM.

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