DCG 0.00% 29.8¢ decmil group limited

A couple of key points addressed to the market which I have...

  1. 142 Posts.
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    A couple of key points addressed to the market which I have mixed feelings of:

    1. "No new contract disputes (total unapproved revenue is <$1m)" - Finally transparency on the topic, keep this message up!

    2. "Project Gross Margin 11.5%" - Actually a reasonable result for a building company, people have to remember especially those LT holders that the margins observed from the Pluto project, will never be seen again.

    Having intimate knowledge of this company, clearing out the dead wood is the best thing they can possibly do, it remains to be seen what new management will do, and if the Criddle's are still in control in the background.

    None the less, a $70m Market in my opinion is cheap. GLTA, a few more project wind should see positive movement on the SP.
 
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Currently unlisted public company.

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