I guess DomaCom ( is still that mythical village).
It's now shy on two years since Domacoms float in Nov 2017 and it's market cap has diminished from $70 - $80 Million Dollars to between $8 and $10 million. Otherwise expressed that was a share price collapse from 75cents to 0.064cents. In most other companies heads would have departed or swords would have been fallen onto.
Why do i care. Thankyou for the question. I lot of good people have lost a sheet load of money from their smsf's, in this Domacom disaster (as above described).
My point. My surviving shareholders are ready for a management and capital restructure to take the company forward, currently the existing regime seems incapable of doing so IMO.
We don't want to buy the assets cheaply other than at market, we would just simply want a new regime to run the company and exercise it's potential before the other 5 competitors advance their position beyond the point that the window closes on this MIT, in my opinion.
Domacom obviously knows, hopefully by now that the Treasurers Ban on MIT's holding Resi assets ( other affordable) is still in place. IMO STOP fudging the reality, inform the market and get on.
What is the secondary appeal by the ATO in the Federal Court to be heard simultaneously with Aussiegolfer Appeal. A bit of straight up dialogue would be refreshing. Please don't tell us you just forgot or it just wasn't important.
DCL Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held