re: Ann: Quarterly update and Appendix 4C - M...
Got my Dyesol Newsletter on this Quarterly.Here's some brief notes on d'PR Tricks employed.
Financials are Based on Financial Years not Calendar. This is legitimate but you'll be surprised how Companies mostly go by Calendar.It's especially prevalent in Dual Listed Companies because Overseas does NOT have July-June Financial Years.
The Comparison Quarter to Qtr is Distorted by the reason that DYE installed/had large Capital Expense in the Sept/Dec Qtr compared to Jan/March.So naturally Cash Burn was less.
Now this is all fair enough as PR "tricks". DYE is addressing it's place in the Scheme of DINGS. Lower Cash Burn,End of Big Capital Expense,Opportunities are Opening. Dye is on d'Cusp of moving out of saying merely what they are GUNNER DO into Actual Commercial Performance. DYE is STABLE on d'Brink of d'Edge when Gunner Do becomes How it's Done ie SHOW TIME!!
DYE's ANGLE is NOT some version of SOLAR FARM,Grid Maintenance. DYE is for the BUILT ENVIROMENT.It's future is that it provides building materials [Thru Major Steel etc Global Companies]that "incidentially" also have Buildings generating their OWN Power. Best of all,that's not the Only Arrow DYE's got Strung.
Anyway,off til News Break.
cheers.
GSL Price at posting:
$1.06 Sentiment: Buy Disclosure: Held