DES 0.00% 9.4¢ desoto resources limited

qfx release is bad for des, page-15

  1. 581 Posts.
    I do understand what you are saying.

    however, alot of the negative sediment is targeted at QFX and should not be at DES in this forum. I dont believe in QFX model long term either.

    I disagree on your comment on Lachlan, this was a strategic move by DES to get him on the DES share register and one which will prove fruitful for DES this year with Lachlans new media venture.

    My point, the QFX stake was done along time ago and again its served its purpose if anything but to get Lachlan on DES share register. Yes nobody likes losses if QFX goes under, however what does this truly mean to DES current earnings, Zero I say. DES is a different business now, compared to what i as 2 years ago.

    If QFX goes under or needs more capital, DES will not come to party, if DES could sell the stake I am sure they would.

    Lets see what the earning are like for DES.
 
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