I have watched and waited until the March 2018 QR ( which, I hope we will still receive) as that was the time frame that I placed on my investment to start showing its real performance return not weighed and held down by those over the top vendor and other debts and development costs.
We are there now and with a new product and aim on top of the now "more mature" initial businesses.
Looking forward to the new goals and something that has really taken my eye, the appointment of a
COO
IMO, DOM has always needed an independent minded COO with "balls" and not a team of "yes ministers" to the person who is the major shareholder, the "ideas man" the "entrepreneur" the Executive Director and the Group CEO, all in the one person!!! It was THE major downfall of destra for example!!! These guys NEED protection apart for the business but from themselves.
I reckon that that is a major plus and although I don't know too much about Michel DeJong, he seems to have a solid background, but, the mere having that position in the executive structure IMO is a very welcome development.
CM8 Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
