DSE 1.14% $2.66 dropsuite limited

Ann: Investor Presentation, page-3

  1. 3,600 Posts.
    lightbulb Created with Sketch. 768
    Boring company… they just keep doing the same thing quarter after quarter…. lol

    The positive cashflow this quarter was a positive considering how bad the cash flow was in this quarter one year ago.

    However, we need to consider that half of the positive cash flow was due to interest received on cash in the bank.
    Thats cash raised from shareholders in anticipation of a purchase that they havent been able to find.

    Their criteria for a purchase: positive cash flow and a proven product make sense for DSE shareholders, but maybe not for any potential target.

 
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