2022 Thoughts

Ive been a big fan of DEL for a while now and wanted to highlight my key thoughts about DEL for 2022 and beyond.

• Pre IPO they had 5 years of connective profits. IPO has given them the ability to scale further and build more projects that will generate cash
• A sleeping giant? ESG is hot and surely DEL meets ESG investors. Think Supefunds too
• First mover advantage - partnerships with Brickworks etc is just the start
• Strong experienced leadership - experts in their field. Skin in the game
• $500M of projects in the works and still a market cap of $40M.
• A commitment to build projects that will spit out cash and show stable income
• Execution is key but getting DEL under 23c takes away a lot of risk as the reward on offer is huge
• I generally think if they can execute then people will start paying attention and it could be 10 x from here plus dividends.
• Refer to this post in 3 years