Sadly the risk of this becoming another RCR is high. The slides show that after the raise Decmil will have interest bearing debt and cash of about $50m each, i.e. net cash of zero. They then have about $20m more in contract liabilities than in receivables. i.e. it's still in trouble after the raise.
You have to hand it to them though, it looks like they've re-sold the Disallowed yet again.
Sadly the risk of this becoming another RCR is high. The slides...
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Last
29.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.50M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.3¢ | 29.0¢ | $9.48K | 32.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3831358 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 818295 | 13 |
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| Last trade - 11.24am 11/07/2024 (20 minute delay) ? |
| DCG (ASX) Chart |