I agree. Talking about overhead control in FY18 shows you how far behind these guys are.
Even if revenue picks up there is a huge question around whether they will make any money, given the overheads which are supposedly being controlled. Then when you factor in the likelihood of loss-making projects as they enter new markets, $19m cash isn’t much at all.
They should have divested Homeground years ago.
DCG Price at posting:
$1.00 Sentiment: Sell Disclosure: Not Held
