DMC 0.00% 30.0¢ design milk co limited

re: time to buy is now -looks good to me I'm not privy to the...

  1. 7,409 Posts.
    re: time to buy is now -looks good to me I'm not privy to the information you have Bond, James Bond, but I do personally like INT. Their issue in recent times has been the lack of money in the bank. Even with recent placements this is still an issue, however, with contracts announced, and the remote technology already installed and working successfully at a site with 700+ meters, they plan on being cash positive for the first time by the end of the year.

    If they can successfully handle the growth than this company should perform very well, and based on the above, I think 7c is probably a good price.

    There seems to be a large seller today, hopefully when they are finished the stock can climb back up to 8c and beyond. Feel there is limited downside at the moment.

    Cheers
 
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