DFT datafast telecommunications limited

I'm with you Sandy, but my "yardstick" is that they have in...

  1. 2,572 Posts.
    I'm with you Sandy, but my "yardstick" is that they have in excess of 1 billion shares (including in the money oppies) out there, & are barely achieving positive cash flow . . . . so why the 800% gain in the past 6 months ?

    Read the annual report last night, & also notice that the CEO & related entities are clocking up pretty tidy fees ($400K+ pa) fairly rich for a guy whose previous commercial claim to fame was running a very small local ISP and a big chink of capital from a co that had a $1m cap 12 months ago

    Still, the market says otherwise, so . . . . .
 
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