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The half yearly report says DOD gross profit is 35% - this is...

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    The half yearly report says DOD gross profit is 35% - this is 35% of DODs total revenue. we don't know what DODs operating expenses which are is deducted from the gross profit. And yes job cuts will help reduce costs which was indicated in their half yearly report as a key focus for the second half. A portion of the large drop in profit was due to one off costs from the DOD acquisition but it does not say how much those specific costs were.

    When considering an acquisition, the options are dilution, debt, cash, or no acquisition. The DOD acquisition as was a mix of dilution, debt & cash so not an excessive dilution compared to value acquired, which was however exacerbated by the low share price.

    There is a lot of trash talk about the CEO - they even go as far as to say he "failed in Afghanistan" for his time serving our country in the military. This demonstrates people will say anything to make him look bad because of their personal grievances. They forget to mention he was Victorias Australian of the year in 2005 for saving lives in the Bali Bombings, Baghdad and East Timor. australianoftheyear.org.au/recipients/rodney-cocks-csm

    And they complain about his renumeration - do people expect him to work for free? the renumeration package is calculated by an external party and compared to industry averages.

    Somehow the two camps need to bury the hatchet and sort it out one way or another like grownups. Give the bloke a job or buy is shares back, that will help with dilution.
 
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