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DSE dropsuite limited

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Ann: Investor Presentation, page-4

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18/04/23

09:59

Post #: 67326578
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Originally posted by ZMan: ↑

Boring company… they just keep doing the same thing quarter after quarter…. lol

The positive cashflow this quarter was a positive considering how bad the cash flow was in this quarter one year ago.

However, we need to consider that half of the positive cash flow was due to interest received on cash in the bank.
Thats cash raised from shareholders in anticipation of a purchase that they havent been able to find.

Their criteria for a purchase: positive cash flow and a proven product make sense for DSE shareholders, but maybe not for any potential target.

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This quarter costs are higher due to bonuses and other annual payments

Adjusting for this, the result would be around a further +$450k

DSE Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Ann: Investor Presentation, page-4

Top Stories

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

HotCopper Highlights: Trigg; Droneshield; Lumos & more

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History repeats for DroneShield investors but carnage so far subdued

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

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A new NASDAQ listing for a key player in the global critical minerals space

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