RE: DEC Bull Case - Part 117 Mar 2025 08:12
Asp1,
The only question regarding acquisitions has been the exact mix of cash, debt & equity. Investors not comfortable with this strategy really should consider re-investing in another company that aligns to their investment appetite as I do not see DEC changing their approach.
What a glib patronizing summary which typifies the approach Hutson, DEC Investor Relations , a House Broker or a paid ramper to spew out. As you seem to know a lot about the history of DEC , Hutson also declared a significantly higher dividend as sacrosanct and after a previous calamitous equity raise there would be no further equity raises. The cash amount of any so called accretive acquisition is minimal ,if any, it’s all debt and the equity honey pot that he constantly now raids with impunity. The market sees right through the current strategy hence the Share Price has collapsed this year and since 5/21 down over 62%.