DCL 0.00% 1.1¢ domacom limited

Terminal Cash Position on or about 20th Feb 2018, page-16

  1. 258 Posts.
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    In another piece of insightful Journalism by the "Property Observer"  published on the 17th January 2018, ablazen with the Domacom logo,  the following piece went to air : https://www.propertyobserver.com.au...st-from-new-york-institutional-investors.html

    At its concluding paragraphs the article includes the following copy::

    "DomaCom raised $7.3 million, with about 500 new investors buying into the float, along with its 200 existing investors."

    "DomaCom hit the headlines with an ambitious bid to buy Australia's largest landholder S.Kidman and Co with a $410 million crowdfunding campaign, but failed to secure the momentum in the wake of hurdles imposed by the selling agents."

    Sadly the piece did not go on to say how much money those investors had lost since Domacom's IPO just over one year ago. ala $60m- $70m in cap loss Nor did the article articulate what hurdles the unaudited  Domacom bid of"Pledges" may have encountered along the way that caused the failure of their bid for Kidman Station.....

    Frugs, perhaps Arthur needs another tap on the other shoulder to reign in some of this media hyperbole, particularly when their using your Trade Marked Logo. Although it may be another source of income. The  various media outlets that published you had a 10 year partnership with Moody's might be a good place to start, given their was no 10 year partnership with Moody's.
 
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