DEL 7.50% 4.3¢ delorean corporation limited

Ann: DEL Announces $4.5m Placement and Share Purchase Plan, page-58

  1. 226 Posts.
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    The SPP didn't make much sense IMO. A 30K cap when the top 20 holders hold 3/4 of the company. Anyway it is what it is.

    Regular updates on progress would have been much better at getting people to commit to things like this, rather than last minute presentations when you have been MIA for months.

    Don't get me wrong I'm confident in the company and have no doubt the have been working their butts of behind the scenes, but communication with share holders has been horrendous this year. Especially when expected timelines have been pushed back.

    I've done extensive research into the company and believe I've got a good understanding of the company and of the market they operate in so I'm willing to look past this lack of updates. Largely because I expected most of them were a bit optimistic to begin with. However, I suspect most holders are going to be less forgiving.
 
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