Now this is a key point in the future SP of DLC. If the company can continue to increase revenue and profits and the upcoming June 30 consolidated 2017 Year End Results are positive, there is no reason for DLC not to have a SP of between 3.5 and 4.5 Cents AUS based on future growth and positive management. Maybe more based on investor sentiment and the Projected Oil and Gas Flows from the perforated 1-25 Wise Well and the 11 Million shares of EUR that are held by DLC. EUR continually looks more and more positive to produce results also which will increase the SP of DLC in the future.
The top 20 and Major shareholders of DLC added around 25 million shares to their holdings since the 2015 yearly report and the 2016 report which clearly shows a buying trend. The ASX DLC Announcement listings shows this increase. The actual increase is much more as only the shareholders in AUS are shown. Holders in Germany or Europe are only shown when their holdings are at 5 % or above so you will not be able to see the percentages that they own unless it is over 5%. So an additional plus is that there is not a large amount of loose shares out there in the market place. The supply will dry up face with increased demand.
So if the largest shareholders are increasing their holdings and profits and revenue are increasing on a steady basis, what is there not to like about the sex shop DLC?
Remember, I am a ProfitTard and this is all only my opinion for sure.
