DCG 0.00% 29.8¢ decmil group limited

Ann: Adjudication Update, page-10

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  1. 5 Posts.
    Good news amid all of the chaos recently, 152K to pay when their range guidance for payment was around 0-5M so on the lower side.

    Other major disputes:
    DOC (RDP): 0-60M likely outcome // within 24 months to settle.
    Sunraysia: 0-49M likely outcome // 12-18 months to settle
    Mulla Mulla: 0-15M likely outcome // 3-6 months.
    United: -8M-0M likely outcome // 2021 or 2022.
    Steel Building: -7.6M-0M likely outcome // 2021 sometime.

    The major disputes look to present much more upside then downside based on their "likely outcome". However a better read will be the results of the Mulla Mulla project dispute set to finalise in the next 3-6 months - upside of 15M receipt.

    Looking forward to understanding what the Gov has to offer within infrastructure these coming 6 months.

    Good luck holders.
 
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