DEL 1.01% 9.8¢ delorean corporation limited

Morgans have upgraded to add with a TP of 21.5c. Probably not...

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    Morgans have upgraded to add with a TP of 21.5c. Probably not worth mentioning really but it does indicate a turnaround in sentiment from their last comments. Analysts are forecasting FY22 loss of $3.1m. Should be back to profit in 2023. As I stated in my last post holders should not expect a profit from a company which is using most of its capital for quick growth - be thankful they are not at this stage planning future huge CRs and diluting us. This CR was a minnow and was really a stop gap measure while Planum decide whether they can provide ongoing project funding.
 
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