DW8 1.67% 15.3¢ digital wine ventures limited

Ann: Half Year Report and Accounts, page-13

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  1. 3,967 Posts.
    lightbulb Created with Sketch. 13
    A fantastic 2-3 year chart for sure. Definitely a solid investment. And hindsight investing is always profitable.

    But it's a $12bn company. Ours is circa $4mill.

    It's like trying to compare any industry giant with a penny dreadful startup in the sane sector.

    The Chinese market is big enough and growing fast enough to gain a niche market share and become highly profitable, or taken over.

    From my research and numerous contacts with the company, I believed DW8 could do this.

    The half yearly indicates they are not.

    That is always the risk with spec companies.

    Milesy
 
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