TSX:DHT.UN - Post by User
Comment by
SONOFFERGUSon Nov 04, 2024 1:00pm
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Post# 36295573
RE:Not everyone like new management's approach
RE:Not everyone like new management's approachHey junglejames.
Yeah, I saw this cross. I always wonder whether they give us any info -- is someone trying to paint a picture for algos?
Obviously, block trades happen at a discount to market. The discount for these puppies must be big given how hard it is to sell a few thousand shares without pushing the price down. Earnings will provide some much-needed liquidity.
I view the fresh deal as positive. Throwing $5 into equity in order to get the deal done tellls me that the new mgmt team is one I want to ride with.
I was expecting a big uptick on the news. More patience is required as weak hands are shaken out. One day (hopefully soon), DHT will be trading at or through the pre-fraud highs!