DMC 0.00% 30.0¢ design milk co limited

If they haven't announced something now it might take a while. I...

  1. 647 Posts.
    If they haven't announced something now it might take a while. I assume that they are now negotiating directly with Lord, probably under some duress while they hope some other things come together to give them a better negotiating position.

    A lot of places are shut down till the 10th, not expecting any contract announcements untill after then.

    It is clear that these guys don't know when things will happen. The only question now is whether they have the time to carry the delays or whether the cash flow will sink them. There is no way that we will be seeing 9M this year, but there are more pressing issues than that at the moment.

    One of Melua's comments on the other site has been ringing in my ears, while it be the next lot of investors that recapitilise the business that will get the biggest gains from this coy ?
 
watchlist Created with Sketch. Add DMC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.