Well new directorship have been there around 12 months, new CEO for a little less than that. If you think you can just go and turn around a company like this within 12 months, then you are going to be continually disappointed.
When OBJ made the right issue at 1c basically doubling the shares and offering the shares at almost 1/4 of the shareprice at the time, I was just as seething as everyone. I truly thought this was the start of the end for DDT. However they have thus far proved me wrong. Shareprice has recovered somewhat and today's announcement is encouraging. I don't think their announcements have been hype, I think there's been a lack of them. The fortunes could just be turning again for this company. As I said they have a remarkable technology, but they have been focusing on the wrong markets in the past (hindsight is a wonderful thing).
DDT Price at posting:
6.4¢ Sentiment: None Disclosure: Held
