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31 March 2025
| Name: | DORSAVI LTD (DVL) |
| ISIN: | AU000000DVL0 |
| Date of Listing: | 11 December 2013 |
Stock Exchange Status: (updated daily)
This entity is currently listed and quoted on the Australian Securities Exchange.Legal Status: (updated monthly)
ACN: 129 742 409ABN: 15 129 742 409
Registration Date: 18 February 2008
Capital Gains Tax (CGT) Status: (updated at least quarterly)
To crystallise a capital gain or capital loss on your securities in this entity, you are able to sell your securities on-market in the normal manner. If you determine that the market in your securities is illiquid and you still wish to crystallise a capital gain or loss, kindly contact deListed at admin@delisted.com.au for suggestions as to how you might proceed.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
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The suspension of trading in the securities of dorsaVi Ltd will be lifted immediately, following the release by DVL of an announcement regarding a review of its operations and the raising of additional capital. | 14/11/2019 |
A decision has been taken to further reduce cash expenses through both operational and staff related changes. The changes made in March 2019, and these new changes, have led to a reduction of 25% FTE equivalent headcount. There has also been a reduction in the salary of the CEO, Andrew Ronchi, in line with his original Australian based salary. The company's current cash and cash equivalents is now $1.66m. Total estimated cash outflows for this quarter remain at $1.58m of which $1.04m has already been paid. Cash receipts from operations for the current quarter are estimated to be approximately $0.6m of which $0.5m has been received. Whilst the operational changes will reduce the company's expenditure, the board has also resolved to raise further capital during the current quarter subject to market conditions. If a capital raising is unsuccessful the company will explore alternative options to achieve a cash flow neutral position. | 14/11/2019 |
The securities of dorsaVi Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of DVL, pending the release of an announcement regarding the raising of additional capital. | 11/11/2019 |
listed entity carried for record purposes only | 11/12/2013 |
The suspension of trading in the securities of dorsaVi Ltd will be lifted immediately, following the release by DVL of an announcement regarding a review of its operations and the raising of additional capital. | 14/11/2019 |
A decision has been taken to further reduce cash expenses through both operational and staff related changes. The changes made in March 2019, and these new changes, have led to a reduction of 25% FTE equivalent headcount. There has also been a reduction in the salary of the CEO, Andrew Ronchi, in line with his original Australian based salary. The company's current cash and cash equivalents is now $1.66m. Total estimated cash outflows for this quarter remain at $1.58m of which $1.04m has already been paid. Cash receipts from operations for the current quarter are estimated to be approximately $0.6m of which $0.5m has been received. Whilst the operational changes will reduce the company's expenditure, the board has also resolved to raise further capital during the current quarter subject to market conditions. If a capital raising is unsuccessful the company will explore alternative options to achieve a cash flow neutral position. | 14/11/2019 |
The securities of dorsaVi Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of DVL, pending the release of an announcement regarding the raising of additional capital. | 11/11/2019 |
listed entity carried for record purposes only | 11/12/2013 |
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Purchases Sales
| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 08/09/2021 | Andrew Ronchi | 205,000 | $0.024 | $4,920 |
| 21/12/2018 | Andrew Ronchi | 3,200 | $0.058 | $186 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Gernot Abl | Non Exec Chairman | 13/03/2024 |
| Aaron Chan | CFO | 18/09/2023 |
| Vineet Agarwal | Non Exec Director | 16/09/2024 |
| Michael Winlo | Non Exec Director | 25/10/2023 |
| Leigh Travers | Non Exec Director | 04/12/2024 |
| Andrew Ronchi | Director | 20/02/2008 |
| Justin Mouchacca | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Michael Panaccio | Non Exec Director | 18/05/2008 | 23/10/2024 |
| Caroline Elliott | Independent Director | 24/11/2017 | 15/04/2024 |
| Ashraf Attia | Non Exec Director | 16/07/2008 | 13/03/2024 |
| Troy Di Domenico | CFO | 04/10/2021 | 18/09/2023 |
| Gregory Tweedly | Chairman | 31/10/2013 | 26/11/2021 |
| Damian Connellan | CFO | 04/10/2021 | |
| Herb Elliott | Non Exec Chairman, Independent Director | 29/10/2013 | 23/11/2017 |
| Jerome Whelan | CFO | 07/05/2014 | 12/10/2015 |
Date of first appointment, title may have changed.
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