DCL 0.00% 1.1¢ domacom limited

Terminal cash position, page-3

  1. 258 Posts.
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    Hi SilverFox,

    It's just been pointed out to me that I didn't address all of the points raised in your earlier post.

    Responding to your Questions as follows:

    Q: How many times have you predicted the imminent death of Domacom.

    A: Without new debt I think (IMO)cash would shortly have run out. The new debt has extended that time frame.

    Q: Acquire Domacom for his company and get access to licensing.technology and IFA approvals owned by Domacom.

    A: No I do not work for or own a company that is interested in purchasing Domacom. Plenty of competitors are out there who haven't spent $20m to get to the same space. Not sure how many got a leg up in addition to the capital from shareholders with the self assessed $2-3M rebate Domacom recieved from the ATO.
 
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