DMC 0.00% 30.0¢ design milk co limited

how low can we go!, page-6

  1. 1,539 Posts.
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    0.7c is a market cap of about $14 million, and normally I try to look at that number instead and ignore share prices.

    But at these levels the share prices matter because they are forcing huge buy-sell spreads. At some point surely, Intermoco has to consider a consolidation. At least 10 for one, but better maybe 40 for one or even 100 for one. Perhaps this could accompany the achievement of break-even or repayment of the convertible note. (Which are what I'm worrying about, rather than a fixed $6m target.)

    I have a buy sitting in the 0.6c stack.
 
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