DMC 0.00% 30.0¢ design milk co limited

Ann: Appendix 4C commentary , page-7

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  1. 14,880 Posts.
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    A downgrade to the $9M revenue for this year so let's see the red ink on the half yearly at the end of Feb.
    Ballpark figure looks like revenue in the order of $6M-$7M for 2010/11. The ASX announcements are just littered with over promises regarding INT yet the Directors were issued millions of free shares for their great performance.
    My prediction after the half yearly is released? 0.004c tops.
    This market cap of $12M is over-valued IMO. Maximum fair value $7M or 0.003c per share. Time will tell.
 
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