BB,
Guts effort mate! Very impressive. I won't get time to check all the links for a day or two, but suffice to say, the company has huge potential, and has only just begun to realise this potential.
Another interesting point with a technology company such as this one is that its cost structure doesn’t increase in proportion to the potential income. DDT’s machinery may only be operating at a very low percentage of its capability (surely it can’t take long for the dot machine to spit out a), and it only takes one office staff-member to write out a $200 thou invoice or a $200 mill invoice.
The bonus with DDT is that is already making a profit –it’s not just froth and bubbles. In fact my take is that the losses last year were largely due to write-downs, and they may have been strategically timed to cash in all the grant money –(confirmation from accounting-savvy posters would be appreciated).
So, here is a company that has:
- been back from the brink;
- share price was driven into the ground;
- is currently making a net profit;
- and potentially on the cusp of technology-driven exponential-growth income.
Will this be a future “multi-bagger” of epic proportions? .......worth a punt IMHO.
PS. Mac, like most of Australia, I didn’t know about Data Dot until Friday, but it’s nice to see a long term shareholder keep the faith and start to get rewarded.
Good luck for the open holders:
John S.
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