RE: DFS December confirmed again11 Dec 2025 06:35
Yet there still will be a sell off tomorrow and next week when the market really does understand that indeed, KC did manage to end up moving the goalpost again in the usual fashion, and people start to worry that he indeed moved it in the usual fashion :)
The birds stop mid air in the holiday period in Christmas. Next week is already shaky. DFS and EIA "some stage in December" is a pretty obvious BS, meaning January in the best case. Possibly without heads up, as usual, giving the market a flashback of the last time a DFS was coming in October, then December... Then March. Then "we'll come back to you on that". Circumstances are never the same but the man managed to deliver a capital raise when everyone expected the DFS more times I care to count.
Now I do think this time is somewhat different. But not without slip ups, bad communication - dare I say contempt - and the consequences to the share price. Before the inevitable capital raise. KC is either an idiot or a crook.