D1 Oils - Charts, News and Discussion

So, stripping out the cash of £25m raised recently, the market cap is £40m? My best guess is that there is a large seller around depressing teh price. This was teh case recently when the shares got down to this level...and once cleared they raced back up to a more sensible 280p. I'd expect the same again and we are back at teh level that got teh last seller cleared...so hold tight! My view is that some institutions have gone risk adverse and dont want to hold onto stocks not throwing off cash now. This is leading to volatility for DOO as shareholder base is re-shuffled but fear not, once this is done these can easily be double this price at some point in 2006!