Your hindsight is wonderful but the reality is the auto industry was the logical first choice for DDT technology. The business was growing soundly in this area and was the sole reason for their profitability. The current financial crisis is unprecedented and is the reason for DDTs regression in that market. Of course it would have been nice to pick up a worldwide agreement with a GMH but they showed it could be profitable anyway. It's not all doom and gloom though, people will keep buying cars, theft will continue to occur (maybe even moreso in this climate). There are still opportunities in the future in the auto car industry for MAK.
The auto market proved a good platform to work off. And this is where I am in agreeance, to really become a major corganisation DDT need to move forward successfully with their other industry ventures. The applications are endless. It is up to the skill of managament to concetrate on those that are most likely to deliver growth and success.
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Your hindsight is wonderful but the reality is the auto industry...
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Last
0.6¢ |
Change
0.002(50.0%) |
Mkt cap ! $3.632M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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2 | 5141652 | 0.5¢ |
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Price($) | Vol. | No. |
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0.6¢ | 4685973 | 8 |
View Market Depth
No. | Vol. | Price($) |
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5 | 1684641 | 0.006 |
6 | 6276315 | 0.005 |
4 | 1430000 | 0.004 |
3 | 3296262 | 0.003 |
8 | 8550000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 979869 | 3 |
0.008 | 3300000 | 5 |
0.009 | 181061 | 3 |
0.010 | 757593 | 4 |
0.011 | 300000 | 2 |
Last trade - 12.08pm 28/11/2024 (20 minute delay) ? |
DDT (ASX) Chart |