- Net Debt position is worse than I expected. Business is not generating as much as cash as I thought. That changes arithmetic again.
- They should put gaming tax and levies in the operation cash flow line.
- Also increase in opex and capex at this hour bother me. That's not a prudent move.
- No mention of OCP anymore. Perhaps OCP doesn't like what they see and feel the risk is too big for them to extend credit to pay off Megabank loan. Only interested in joining the upward equity ride if it materialise. Puny position for them.
DNA Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
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