DEL
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0.00% 3.8¢ delorean corporation limited

Ann: FY23 Annual Report, page-6

  1. TheSourLemon
    196 Posts.
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    31/08/23
    21:38
    Post #: 69675118
    The company is absolutely in the pits. The $2.2mln loan to pay the CER debt has a 24 month payment date and maximum allotment of $3.4million. That is a monthly compound rate of 24.3% pa. Explains why they wouldn't announce the terms. $1mln left as at 30th June, they'd have a couple weeks runway. YVW will not keep the lights on. This report is delusional.
    DEL Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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