DMN 0.00% 0.1¢ datamotion asia pacific limited

Ann: Trading Halt , page-16

  1. 2,211 Posts.
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    The company got rid of it's datacentre or something in Perth if I read right. The new issue is to cover costs of acquiring new IT gear, I'm questioning the cause of the other $600k or so. If I recall correctly, there's still plenty of cash in the kitty according to their annual report?? I understand spending the money if something great comes along, but the detail given wasn't exactly detailed enough to give any positive outlook.
 
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Currently unlisted public company.

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