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1.4¢ tombador iron limited

Ann: March Quarter Update, page-3

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30/04/15

11:40

Post #: 15187957
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Originally posted by milesy ↑

Great reading and a smart company business model.

Basically, run the company on a shoestring. I mean look at the incredibly low operating cashflow (who runs an ASX company at $133k per quarter unless it is a shell).

Then invest into companies that have niche technology and large possible markets. These companies seem to have already done all the R & D and just need some financial and business assistance to break into their chosen markets.

Sit back until they reach profitability, then convert the loans into shares.

Instantly, we are a profitable and quickly growing business ourselves.

With one acquisition already profitable and the next nearly completed, DVI is definitely one I am happy to hold for the medium term.

Milesy

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silly sell off today some expected more in quarterly it will be from here on that it hots up,buying op. for those interested

IBN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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