DLC 0.00% 0.7¢ delecta limited

The turnaround was here already and then "Due to no errors on...

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  1. 3,706 Posts.
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    The turnaround was here already and then "Due to no errors on DLC management's part" ie. warehouse management system caused a snafu and revenue and profits suffered. OK. Can happen I guess. Investor sentiment is everything for a penny stock when profits are failing.

    I was very excited for one about the "Turnaround" last year and bought much more. I don't feel worried because of the 11 million shares of EUR that DLC is holding but it would have been nice to finally have DLC deliver the goods. Something has turned negative for the oil and gas production and either it is dead or also perhaps a "Turnaround" is in the works for 1-25?

    Sooner or later, and no doubt later, DLC will start clicking on all fronts. I am not excited at the short term and not excited at the long term. But I will hold my shares and add as I see fit. EUR will or will not give satisfaction to holders of DLC. But if it does, that would be a large chunk of cash for DLC. My holdings in EUR change directly on news and my sell and buy orders. Sometimes I have millions of shares of EUR and sometimes I don't.

    DLCs 11 million shares of EUR may get a bump this week according to news..................... And then of course DLC will look good.................Turnaround........
 
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Currently unlisted public company.

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