I dont think buyers could get in before the 19th given t+3. So the offer is pitched to the long suffering holders. I haven't lost faith but has been tempered somewhat. The paying down of some 30 million in debt will save I guess 3.5 million pa and debt levels more comfortable.
So with no acquisitions on the horizon the SP will be driven by a rerating ,or renewed confidence in DES. Hopefully DES provide more detail in the consolidation process, perhaps estimates and forecasts could be offered to the market. I need confirmation on a few things. Scooters is pointing out potential failings, with the Magna business, I believed moving to low cost higher margin genre specific content within this sector would be the way to go if we cant compete with the big boys. DES should articulate their plans in detail here. I'd also like to know how the monetising is going with the online communities? In Fact with all sectors of DES performing strongly, (07HY) could we drill down deeper in to each of these please Domenic.
Oscar
DES Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
