DEL 7.50% 4.3¢ delorean corporation limited

I'd be embarrassed too. It looked like such a promising company,...

  1. 147 Posts.
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    I'd be embarrassed too. It looked like such a promising company, then they slap investors with a $11m loss, hardly any cash and extend projects by a year. All of management buy $30k worth at 0.17c, that's now -55%. Joe and Hamish have lost at least $10m+ each in the past 6 months in company value terms. 'We're in the advanced stages of financing" They've been saying that for the past 4 months. They better hurry up because that $3m in cash isn't going to last long especially because Ecogas and Bluelake still aren't officially completed.

    I still like Joe and Hamish, can't blame them for COVID and Inflation but the frustration is real. Investors are down so much money.
 
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3.9¢ 4.3¢ 3.9¢ $6.392K 161.0K

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1 112000 3.8¢
 

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4.3¢ 9999 1
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