DEL 0.00% 9.8¢ delorean corporation limited

Ann: DEL Enters Landmark Collaboration Agreement with Brickworks, page-20

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    I was in the IPO but sold out early when the SP was around 40C. Those sorts of quick profits are pretty hard to resist. However I do like the business proposition and its ethical basis. You are right - it is going to be one of the ways in which we deal with our waste in the future. The big word there is "future" - it is early days for this business in Australia - it will be slow progress as it is capital intensive but I do like the recurring income possibilities and DEL already latching on to the idea of collaborating with bigger partners in development of projects and reducing the capital requirements as a result. This should also help speed up the process somewhat. I am going back in at this near IPO level as I feel that the current direction of business in going down the sustainability path can only help the DEL's and similar sustainable energy producers and facilitators flourish. So early days and maybe steady growth but the only way is up.
 
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