Yeah the lack of communication from management does show that they do not understand how their disclosure responsibilities have changed since listing. It is more of a try to understand the numbers sort of investment rather than getting anything out of management.
All of their annoucements give you the impression that they have a "she'll be right mate" sort of attitude. Would love to be a fly on their wall and understand what's really going on. Maybe they're all running around like headless chickens in absolute stress mode, maybe they are completely ignoring the large amount of debt, or maybe there is something that we don't know that is helping them get by.
Either way, it's a long time listening to the crickets between announcements. I'll admit, its a been a bottom of the drawer stock for me at the moment.
Calls for a Sitting, waiting, wishing strategy
DEL Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
