IMO,some people want to spread negative and incorrect figures and informations about DSH to public.
In FY 2015 the total marketing and sales expenses,oppuncy and rentals and administration expenses was less than $300m(=$25m/m=approximately $6m/w).
One media reported that DSH repaid $10m to MQG in Dec 2015 by the terms and conditions of the loan(repayments of $10m in Dec 2015,$10m in Jan and $10m in Feb 2016).
But it is still reporting DSH owes $30m to MQG.
And there is not any comments or explains how DSH's debts to NAB and HSBC increased from $70.5m as at 30 June 2015 to $140m as at 04 Jan 2016.
If DSH did not buy stocks for a while in Jan 2016,DSH should have lots of cash now because turn over maybe is around $100m per month and expenses except administrators and receivers's expenses maybe around $25m per month according to the financial report of FY 2015.
Why do they not tell the cash amount held by DSH and tell the debts only?
DSH Price at posting:
35.5¢ Sentiment: Hold Disclosure: Not Held
