Indeed. I think the overhang of the previous incarnation of the listco (EXM) and the people involved with it, is clearing and people are beginning to see the company for its own merits.
The fact is that post-requoting the share price was not managed actively by the company. But here's a thought: upon re-quoting, how much do market participants actually know about a company's ability to deliver outcomes? Until the company itself comes out and delivers (or continues to deliver) results, it's really hard to gauge that. The way these mechanisms work, there's an expectations of prices always going up, starting instantly.
What I did notice in the period of its requoting, was a lot of bashing of the company / skepticism based on EXM and the crowd connected with it.
I think this co will do well. A pity for those who let their frustrations with EXM and the previous crowd push them into dumping the stock. I do understand frustration does that, but it would have done to research the DSE crew and their histories, before dumping on the company.
Looking forward to DSE's future. I'm long on this company.
DSE Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
