Once the official end of year report is out and puts the information out in a form that is easy to read and understand, the SP of DLC may experience upward trend. Some accumulation activity is already on its way today.
Bloomberg did it a little already (Easy to Read) with their summary of the prelim earnings result.......... Investing 101 for dummies..............
Delecta Limited Key Developments
Delecta Limited Reports Preliminary Unaudited Consolidated Earnings Results for the Full Year Ended June 30, 2017
Aug 29 17
Delecta Limited reported preliminary unaudited consolidated earnings results for the full year ended June 30, 2017. For the period, the company reported revenue of AUD 18,500,000 compared to AUD 17,279,000 a year ago. Profit from continuing operations before tax, finance costs and share of associate income was AUD 1,219,000 compared to loss of AUD 72,000 a year ago.
Profit from continuing operations before income tax was AUD 1,219,000 compared to loss of AUD 172,000 a year ago. Net profit for the period was AUD 1,219,000 or 0.19 cents per basic and diluted share compared to loss of AUD 172,000 or 0.03 cents per basic and diluted share a year ago.
Net cash flows from operating activities were AUD 461,000 compared to AUD 17,000 a year ago. Payment for purchases of property, plant and equipment was AUD 35,000 compared to AUD 208,000 a year ago. Net tangible asset backing per ordinary security was 1.59 cents compared to 1.50 cents a year ago.
And selling for .004 AUS cents per share. Absolutely 0 value for 11,000,000 shares of EUR, Wise oil well, and the turnaround of profit and revenue and book value of 2 cents a share................. Like the stock sniffing dog said, "BOW WOW"!