DES 0.00% 9.4¢ desoto resources limited

bnm, page-3

  1. 581 Posts.
    The best thing at moment, is the SP if you are buying. A must to accumulate at 2.5 - 3.5..

    Strategy continues.. sell off businesses with no margin, and loss making.. invest into profitable divisions - BNM

    Remember, BNM margins alot higher than music divisions.

    So sell off these assets, pay down debt, use debt to buy profitable BNM type assets globally and cheap in current market. Strategy as stated moving forward.

    Remember, des previous model was high revenue, but at what gross margin.. bugger all...

    Now BNM aiming to be $100M revenue with support of Prime over next two years. All important, much better margins than old business model.
 
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