DEL 14.3% 12.0¢ delorean corporation limited

Ann: FY23 Annual Report, page-24

  1. 589 Posts.
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    Hard to get past the "lies" and incompetence to date however is the worst over? I mean they have categorically stated they wont need to raise cash due to YVW, and will be pushing towards profit next years. I am underwater heaps however considering to bet on 1. The QLD grant coming through (not many players so a likely win) 2. an investor coming through to fund the other 2 projects, and 3. the mouthwatering market cap - $5M with $1m in the bank. Its been an absolute sheettt show however 4. they have used the past couple of years to dot the i's and cross the t's. 5. The board are no dumbies and are staying tight. I AM STILL PUZZLED BY 1. why haven't the directors gobbled up shares at these levels to show support, and 2. why Paliside didn't jump on board.
 
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