Re DCL

Hi Frugs,

Just had a look at the research on NAB trade's site, their analysis is done by a group called Research Team, which
uses the combined recommendations of Thomson Reuters, Columbine and Morningstar. Their recommendation for DCL has been a sell for the last 11 days and is still current ( even when the SP was at 10 cents). I guess that means that their view is still not good for DCL.

Does anyone else have any information on DCL's annual Technology spend of about $1 million per annum. Is this expenditure going to wages internally or outsourced to third party providers. The IT Platform is clearly DCL's biggest spend but I still can't workout from DCL's accounts where the shareholders funds end up.

If DCL has difficulties recapitalizing over the next twelve months, I assume the management of the unlisted trusts will remain with the Trustee, Perpetual. Does anyone have an understanding of how this process might work.

Thanks, any views would be appreciated.