DDT 50.0% 0.6¢ datadot technology limited

Quite a handy loss via write downs in intellectual property....

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  1. 1,033 Posts.
    Quite a handy loss via write downs in intellectual property. Should get a handy tax payout at the end of the financial year which may mean they wont need to raise capital until the sp recovers. Of course, reading the report this will also depend on a successful settlement with the South Africans.

    Also towards the end of the report, a dispute with an ex employee over long service leave & in turn claims against that employee by the company. Would that be Mr Ian Allen???

    Still enough revenues here (5.5 million odd) to show that there is a market for the product, fingers crossed they can have some real success in the non auto market then we could be looking at a real bargain at these prices.

    Unlike many other company's at least DDT have ZERO debt. Current market cap now is only $4.5 million, quite remarkable imho.
 
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