AssessmentFound this from last Tuesday. GLTA
Q: DNTL saw a bit of a recovery in June but has now slumped again to a near 52 week low ; it's now more than 30% below its financing level of $16.30. Would appreciate your views of why it's struggling so much and the road ahead.
We think it is a decent buy considering company forecasts and ancillary benefits from government programs. Fears of an economic slowdown and having a leveraged balance sheet are putting pressure on the stock here. A relatively new public that came public just prior to a bear market can be a tough sell in a 'risk-off' market. But, over the next few years we still expect strong growth and margin expansion. (5iResearch)