Gday Sam and @skipskipnz So true with what you have posted great advice. Sam the killer with the small Cos is the constant cash burn. You can see this in their 4C that come out the month after the end of quarter. A lot of the smaller cap stocks just keep chewing though money and have then to issue more stock to so called sophisticated investors and institutions normally at a discount to market. They then sell the stock for a small profit and the stock goes no where for a while until they issue next announcement and so on.
With DTC it has a great business thats why im holding and looking to increase. They are cash flow positive and growing nicely. IMO if management deliver we should be looking at a nice profit as 2020 progresses.
Good tale winds in this sector. Its in a much needed market. Hang in and good luck with your holding.
Ohh Aust Super 5% along with Regal FM and Elerstone Cap. So we are in good company.
DTC Price at posting:
97.5¢ Sentiment: Buy Disclosure: Held
