Australian (ASX) Stock Market Forum

DES - Destra Corporation

I think DES will do good in this year. They got really good and experience management now compare to old one. Might be they come up with plan to revive destra
 
Just caught onto this stock now.

How come they have been hammered so much, I looked at their half year reports and earnings are up like 400%.

Why are investors so averse to this, is there a really bad outlook, extremely high debt, etc??
 
No They are going to be almost debt free after selling there property for 18 mill. but only problem with company is very hard to understand business model. Once prime will clear that might be easy for investor to understand business model.
 
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