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29.8¢ decmil group limited

we should sell the camp off separately and the rest can go to MAH

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Mikjas

393 Posts.

21

16/04/24

18:09

Post #: 73373132
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Originally posted by FrechDachs: ↑

MacMahon are getting the deal of the century... Homeground is worth $70m+ leaving enterprise value of just over $50m for $1B in projects and a fully licensed operator with government contracts in the $50-200m range ongoing... DCG shareholders are getting royally screwed, forced out for half of what the shares are really worth. The absence of a rival bidder as we are too small for Hochtief/Lleighton etc. Of course the board are unanimous, they keep their jobs as do all staff... but is it really in shareholders best interests?

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we should sell the camp off separately and the rest can go to MAH

DCG Price at posting: 28.0¢ Sentiment: Hold Disclosure: Held
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