The market cap has been a mystery for a while. It has NTA of $131m almost all of which would be a village that they don’t even mention any more. They’ve released the “good news” early so I expect them to follow with another impairment.
Also $28m in overheads they reckon is an achievement?
They say “no core debt” but they’ve added $16.7m in “trade finance”. Wow.
These guys keep dressing themselves up for a party they’re not invited to.
DCG Price at posting:
94.5¢ Sentiment: Sell Disclosure: Not Held
