DEL 5.88% 18.0¢ delorean corporation limited

Fingers crossed that preliminary finance is secured by the end...

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  1. 196 Posts.
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    Fingers crossed that preliminary finance is secured by the end of this year. Otherwise I wouldn't be surprised if there is a substantial delay of the pipeline and/or funding via shareholder dilution. However, the appetite on the last cap raise from retail shareholders was not ideal. There could be further pain in 2022 but I still see some light in 2023 if the looming financing cliff/crunch can be solved. Current government grants would not stump up enough for required capex so a bailout there is highly unlikely. Private funding may be predatory at current valuations and low margins of the business.

    I would rather miss some of the run up then punt on the current management in the current macroeconomic uncertainties.
 
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Last
18.0¢
Change
0.010(5.88%)
Mkt cap ! $39.65M
Open High Low Value Volume
17.5¢ 18.5¢ 17.0¢ $248.4K 1.385M

Buyers (Bids)

No. Vol. Price($)
1 27489 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 36775 1
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
DEL (ASX) Chart
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