Based on the current announcement looks like we have a 10 cents rough in floor for the new holders today.
IMO still not sure how long this will last given the cash is still burning at the same rate. IMO, Over subscriptions a great "Headline" so tell us how much. DCL was capped in new raisings at the last AGM,IMO, think we must be close to the limit.
What happened to the blokes with the $3m in debt, with conversion rights @ 15cents , IMO they might be a bit perplexed.
Still waiting for "Which Bank" and the details of the pilot.
DCL Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held