RE: DBAY Valuation9 May 2020 13:52
All I know working from some specific facts that they've been or will have been working the best part of 3 months, a quarter of a year at OVER full capacity, to the the order of having to have extra drivers and trucks on a 24hr xmas drive for a whole quarter!!! That's an equivalent to a profitable business for over a year, which is even more suspect when a trading update isn't shown. Align with that the new contracts they've acquired.. the interest in the company through 3rd parties, both domestic and abroad. For me all bodes to something bigger. DYOR
If this pandemic hadn't fallen on their doorstep literally after they came out of suspension.. I would agree that the company is heading for a downfall as it's hard to recover... but they've been thrown a life jacket the size of the QE2 with the pandemic, and tie in the recent director appt... naah, in my view somethings afoot here.