DEL
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1.15% 8.8¢ delorean corporation limited

Disappointing none of the ARENA government grants have come...

  1. RNClarke
    1,436 Posts.
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    31/03/22
    11:27
    Post #: 60544568
    Disappointing none of the ARENA government grants have come through yet.

    Initial $50M from Planum Partners was in advance stages according to the last investor presentation.

    CEO and Management hold 50% of DEL so they will be diluting themselves first. This could be a placement to a strategic investor.

    Better communications on the status of their projects would be welcome. The Yarra Valley contract was also due to be formalised in Q1.
    DEL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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