Dickie Dique has been a DIRECTOR of this business as its net cash balance went from +$83m at 31 July 2019 to -$30m now. $10m cash out the door each and every month.
He grabbed some shares in May 2019 at 90 cents and then in December 2019 for 44 cents. Not very astute.
If they had an offer of anywhere like $56m for Homeground then there would be no need for a capital raise.
At least the former CEO is staying on, perhaps to mentor Dickie.
DCG Price at posting:
20.0¢ Sentiment: Sell Disclosure: Not Held
