We were mid way through April production prior to the 1/4rly report being issued.
They would have to have some indication on how well the first 15 days had gone.
I recall the comment that they believe they should start making a profit during the June 1/4. If things were still going that bad would they have included that statement?
Of course you can look at it another way too... Performance is still deterioating and hence the cash injection to be announced tomorrow.
DML Price at posting:
34.0¢ Sentiment: None Disclosure: Held
