DMC 0.00% 30.0¢ design milk co limited

withdrawal of consolidation, page-19

  1. 1,396 Posts.
    the main point from the opposers such as me mate.. is after 5-7 cap raises prior.. dilutions etc etc.. none of us have yet been able to determine what that cash was truly put to task for? contrary to such we have only so far ever discovered wastage thru product failures.. restructures etc etc.. salaries.. admin cost.. poor deployment low sales chains in actuality.

    we have no way of logically knowing if empowered early to raise more capital that it it wont be done again for a wasted venture? its trust versus logic right now isnt it?

    sure you want to trust.. and provide all resources available for growth. of course we all want to beleive the jazzy pr? who doesnt, its positive talk?

    but if u dont have the conjunctive measurable logic such as accurate reliable data, those 2 items are at loggerheads, and rightly so?

    whos accountable for the failures?

    u cant even look at any INT ann atm and form any logical co-relation between any deal and any financial outcome.

    and thats even in the last 3 years alone. ive totally written off in my mind all the hype from previous mgmt. i just want this team to be accurate? is that too much to ask?

    there was 15-20 contracts or deals announced in last 3 years on asx. do i have any iota atm of any of them succeeding as per the content shown in them? do i know if they all met or didnt meet revenue projections? timelines for deployment?

    all i have to measure, is all those indivudal contracts with large estimates of revs.. countered by a seemingly overuling GENERALISEd bidget and then vast generalised budget downgrade. are we supposed to just forget our individual curiosites we attach to each of the 15-20 contracts?

    is one comment from mgmt: 'there have been changes to the revenue curve'.. well is that comment just supposed to magically whipe my memory or curiosity? firstly i got nfi what that stmt meant when they issued that comment few mths ago. 2ndly , its not enough accountability. not enough honesty or disclosure.

    we are being hyped up on the individual deal level, with the high forecasts.. but then when failure occurred its severely downplayed on a general level with the most ambiguous, non-fitting offensive stmts.

    so b4 everyone here is fast to be blindly trust, maybe u would like to demand the logical accuracy as well? reports? true downgrades to revs forecasts? divisional segmentation? specific follow up anns about project by project showcasing whether in each instance forecasts were met or not etc. or at bare minimum clear divisional segmentation?

    ....some public asx recaps by mgrs reviewing what was said to be contractual etc etc.. what has rolled out? whats been delayed? whats been canned? what is mtg the rev predictions? what hasnt so far?

    admit ur successes and failures to the market? otherwise u lose all chance of any trust as time goes by?

    they still get this 15% share issue entitlement back in 5 mths anyhows.. i dont think my view on that is trying to 'smother' or suffocate them at all?



 
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