AI1 0.00% 5.5¢ adisyn ltd

Things are looking pretty tough at DC2 atm:Alto and Xcel capital...

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  1. 310 Posts.
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    Things are looking pretty tough at DC2 atm:
    • Alto and Xcel capital are the lead broker, earnings $105k from the raise at 6%, plus 4m options at 11c. Reinforced my point from previous post RE conflict of interest DC2 Chair Shane and Alto.
    • DC2 raised $2.5m in September 2021 and used it up in less than a year. What makes them think raising $1.75m this time will be sufficient?
    • Blake gets a $160k payrise plus super. Congrats.
    • RE the partnership with Attained Group. Conveniently did not mention Blake is the CFO of Attained.
    • Cancelling performance rights. All optics. Probably couldn't achieve the preset key performances, and cancelling performance rights also cancels tax obligations. Smart move by the 2.
    • Crypto mining: Good luck. If they own crypto then it's a guarantee delisting from the ASX.
 
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