mp3.com.au was sold also last week. not material, so no announcement.
however there will be announcement to market on update on execution of strategy.
note... these sales are the propertys not making money for DES.. Overheads are being removed...
Lexicon is executing fast....
The right formula is being executed.
Solid Board Solid Backers - Prime Solid Assets, loss making Assets being Sold Streamline Head Office Costs - Note Becker Group CFO, half CFO costs New CEO to come onboard
Exciting future prospects.
Prime advertising destra on Prime TV, Brand New Media going well. Right demographic with Rural viewers taking up Internet faster as soon as broadband hits.
Iprime working with destra.
Note: Overseas Aquisitions on go to replace Sold Assets.
In my view, this one will pan out perfect and with timing just right. Macquarie Equitys, stated they think the current downturn will hit bottom in Feb 2009.. destra half year results released, can only mean positive signs for destra SP.... bank to extend unretired debt on back of half year results.
Hold on if you can at these prices.... or Accumate under 4 cents. Remember Lexicon brought in $1M at 7 cents. they are sitting on 50% loss at moment and will want to recoup....
DES Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
