DCN dacian gold limited
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Ann: Dacian Launches Fully Underwritten A$40m Equity Raising, page-16

  1. Greenflint
    1,918 Posts.
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    26/05/21
    11:55
    Post #: 53424188
    I initially thought along the similar line that DCN has burnt a lot of cash in one month. However I then realised that it is snapshot of Cash and Gold on 30th April. It does not take into account of payable and receivable and therefore in that sense not representative of what is really going on.
    DCN Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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