DMC 0.00% 30.0¢ design milk co limited

'No expert here but page 16 of the prospectus shows an acutal...

  1. 80 Posts.
    'No expert here but page 16 of the prospectus shows an acutal full year profit for 2011 of over $900k (NPBT) and over $800K (NPAT).'

    Page 16 ignores the 900k loss from 'discontinued operations' detailed on page 64.

    This page shows they are not profitable and have not been for the past 4 years.

    'I understand the angst over INT, but credit where it is due - currently, their $1mill invest in Energy Mad has, on paper, made them a 100% return.'

    That would have been a great investment - however I believe they actually paid $5million plus expenses, so it was a terrible investment.
 
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