DCG 0.00% 29.3¢ decmil group limited

Ann: Decmil Wins $41M Iron Bridge Contract, page-17

  1. 512 Posts.
    lightbulb Created with Sketch. 319
    when dealing with large contracts like these in construction the margins are very small %'s for profit. $55m is 25%+ more than decmils offer, that is pretty large. I don't know how real the figures would be from your friend and maybe they're true. who knows. I think we have to win one contract at a time. get the reputation back so we can win more. the amount of money the government is about to spend on infrastructure is huge. we only need a small percentage of that and we start making really good money. the government will likely want to use mid tier and local companies to keep the money in Australia so decmil is in a good position.
    also if you look at two of the board members Peter Thomas and Andrew Barclay were both ex fortescue, these guys will have some good relationships that will help assist decmil.
    Last edited by benno54: 16/09/20
 
watchlist Created with Sketch. Add DCG (ASX) to my watchlist
(20min delay)
Last
29.3¢
Change
0.000(0.00%)
Mkt cap ! $45.50M
Open High Low Value Volume
29.3¢ 29.3¢ 29.3¢ $14.91K 51K

Buyers (Bids)

No. Vol. Price($)
19 3451630 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 838295 14
View Market Depth
Last trade - 11.15am 12/07/2024 (20 minute delay) ?
DCG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.