Rasaj: yes, it is good for a publicly listed company to communicate with the market. I will be a little cynical here and say that this is calculated announcement to lessen possibly not very positive AR impact. Yes, COVID and Ukraine war has definitively impact on business world wide. BUT, there always is a BUT. The revenue from DDT auto sales are declining over the 3 or so years the ownership. These are actually not sales, but royalties. So DDT Australia is more or less fully dependent on DDT South Africa fortunes and abilities.Is this wise? Only future will tell.
IMHO DDT AUS will not really move forward depending on royalties. South African company will NOT make any significant inroads in the world microdot market. Holomatrix, IDDOT, Recoveri and others are trying very hard to achieve that, but results are virtually 0. That is a hard fact. All of the DDT previous snippets in their AR's about Toyota OEM and other sales in Europe are just very, very low. Just that you know - TOYOTA is not a big seller in Europe, having only 6% of the market share.
So where is DDT Australia going? 3 years after the takeover the stock price is the same as then, revenue is down, no new markets or products and no announced of a clear path for the future.
Yes, they have PROPERTY VAULT, arrangement. Not a DDT product, this was brought in by the DDT majority shareholder. So I presume that DDT is really now making a limited volumes of plastic microdots (note that they NEVER made metal dots) and TRACE material.
Yes, the company has a very nice war chest of $$$, thanks to slashing of admin and other costs (in comparison to 2018). Good job there. But as business is concerned... not to sure where this is going. I will keep holding in a silly hope that they will do something about the share price. No sense is selling at this stage when the stock was $0.14 then....
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