DUG 0.73% $2.76 dug technology ltd

Ann: Investor Presentation - July 2022, page-7

  1. 2,735 Posts.
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    I think a CR at this point is a great way to batter the share price further. Another quarter of some cash positive flow with now a lower amount of debt should invigorate some trust from the market and grow the share price to a 80c+ level. That is where a CR would be better placed and garner much more financial support. Right now most holders are underwater and likely want to see some return to racking up cash.

    Otherwise we had a run up in Jan followed by a market-wde dip that crushed the rally - no CR followed.
 
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