Is the problem with the release of shares from escrow? Because that was planned two years ago. Consider that while the last two years of trading was going on, the shareholders whose money and acceptance of risk funded the development of the product suite and business, they were the ones that couldn't participate in the market. So please, if there's any irritation at them, then it's misplaced and please spare us that.
Agree that the company has not been pumping announcements out, and that has dampened recovery post the Latin American reversal several weeks ago.
However consider that the company over the last two years has been judicious in making these, limiting them to actual milestones achieved. I'm not sure why the expectation is that they should make puffs, or that B2B sales have short time frames. Both are incorrect. Being a B2B product company gives robustness, longevity and stickiness to the cashflow. The downside is that announcements are not an every week thing.
Aside from the one reversal, everything about this company has been on the up. It continues to be, it seems. I saw a release yesterday on Dropsuite's partnership with Intcomex, which has a 50000+ reseller network. It's a leading platform for VAS and tech products in LatAm and the Caribbean. Link below.
So the best thing to do may just be to let the company execute and announce progress as they achieve it. This company will I think deliver real growth in revenue and eventually profits too, based on the strategy it has proved and which it continues to execute on. It's painful currently because the market seems to expect volume rather than quality of announcements, but I think it's approach to this is sensible.
As ever, do your own research / get independent advice.
best.
.
- Forums
- ASX - By Stock
- DSE
- Ann: Release of Shares from Escrow
Ann: Release of Shares from Escrow, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DSE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.90 |
Change
-0.160(3.94%) |
Mkt cap ! $239.5M |
Open | High | Low | Value | Volume |
$4.05 | $4.07 | $3.90 | $139.4K | 34.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 383 | $3.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.98 | 482 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47441 | 0.036 |
2 | 278200 | 0.035 |
1 | 50623 | 0.034 |
1 | 80000 | 0.033 |
7 | 3837723 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 3325 | 1 |
0.038 | 107538 | 3 |
0.039 | 50000 | 1 |
0.040 | 65000 | 1 |
0.041 | 70000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
DSE (ASX) Chart |