As a DDR shareholder, I just listened to the call in relation to the DDR capital raising.
I can't quote verbatim what the DDR management said about market conditions, but the nub of it was that things are booming for them, as the lockdown prompts participants across the entire economy move to a world that has to be far digitally enabled.
He specifically called out governments who are budgeting, and already spending, lots of money on provisioning IT systems for the future landscape which is going to require a lockstep change in remote working.
As a company that is the go-to facilitator for government departments undertaking exactly this sort of major structural change in their IT landscapes, DTL's medium-term business outlook appears to be incredibly well-supported.
I suspect it is going to be a very busy 12-18 months for the folk over at DTL.
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DTL Price at posting:
$4.15 Sentiment: Buy Disclosure: Held
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