DEL
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7.50% 4.3¢ delorean corporation limited

As much as one might light this business, the industry, outlook,...

  1. MJS
    2,274 Posts.
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    31/03/22
    17:46
    Post #: 60558046
    As much as one might light this business, the industry, outlook, and the like, a cap raise was always going to happen.

    https://hotcopper.com.au/posts/58540393/

    Rates might be low, and banks, super funds, and whatever else happy to lend, however equity is needed for basically everything and this business has a low equity base.
    Hopefully a nice colorful preso comes out with the raise providing a clear update, and existing shareholders get a chance to put some money in.
    DEL Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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