Dick Smith maintain on-going support from their banker ... until they don't. Time is running out on this stock, the turnaround they promised 2 years ago must happen now (and not by some accounting manipulation like this half year result). If they are still 5 millions cash flow negative, raising $1 million ($500,000 from their owners, which is a plus sign, at least the management still believe in this company) will only buy them 2-3 months before they have to start making profit or die trying.
Trust me, no one will be happier than me to be proven wrong on this stock. My entire net wealth sits on this company. But I'm a realist.
FUN Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
