So, I am still trying to interpret the release of Domacom's Quarterly Results to the ASX today.
IMO DomaCom might run out of cash at the end of March or June based on the quarterly statement released today. Revenue (not profit) at $60,000 pre tax for the preceding six months is pretty scary. Has anybody done any numbers on the terminal trajectory based on the numbers Domacom released today.
Obviously further DEBT could extend this, but IMO you still go back to at what price and then what......
DCL Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held