DEL 5.88% 3.6¢ delorean corporation limited

Ann: Delorean Corporation Energy Retail Division Update, page-42

  1. 188 Posts.
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    Well aware of the differences between WEM and NEM, but the same point remains and applies - these guys are not equipped to deal with the markets/hedging/counterparty exposures.

    Thank F the WEM was not as volatile as the NEM otherwise we would be in real financial distress (and Palisade would have taken even more advantage of the situation!).

    In terms of disclosure - yes its been a disgrace.
 
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