DMC 0.00% 30.0¢ design milk co limited

Ann: Underwritten rights issue - shortfall notifi, page-21

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  1. 1,396 Posts.
    re: Ann: Underwritten rights issue - shortfal... apologies to other forum readers that interested in int stock discussion.. but if some ppl gonna persist with posting rubbish in public.. well i not gonna sit back and watch debates led astray.

    the 80% shortfall too suprised me.. but to be honest i hadnt even given it much thought. i thought the whole thing was poor decision by mgmt in first place.. having said that they had a benchmark they believed they only needed a certain amount of cash to survive and kick on....however which way u look at it they have that cash now.. the belgravia note will be retired..going forward.. we all wont no anything about if that cash was enough or not we see how its been employed over the coming mths..
 
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