DCL 0.00% 1.1¢ domacom limited

Terminal cash position

  1. 2 Posts.
    As a substantial shareholder in DCL since before its listing I've been impressed with the company's development and progress over the last 5 years. Understandably I'm not impressed with the constant and uninformed comments by mayafushi but until recently I'd been mystified by what is driving his constant attack on the company. Let me offer the following thoughts.

    As a starting point DCL shareholders need to think about the motivation behind mayafushi opinions: he is not a shareholder but has a singular focus on keeping downward pressure on the stock's price as well as unsettling DCL shareholders with his constant negative posts – why do this? How many times has mayafushi predicted the imminent death of the company only to keep pushing out the date of its demise? How many times has he waxed on hysterically about the supposed MIT issue even though the CEO has addressed and clarified that issue several times? What about mayafushi suggesting the CEO misled the market when mayafushi posted that he disputed that an appeal against the Federal court ruling was being prepared - when in fact that appeal was lodged last week? Why is mayafushi so against the company getting any media exposure?

    IMO – mayafushi works with a company that is seeking to acquire DomaCom so that his company can get access to the licensing, technology and IFA approvals owned by DomaCom. Anything that a potential purchaser can do to drive down the target's price is obviously to that purchaser's advantage but to do so using false and/or misleading information is questionable. The comment in the recent post mentioning “management and a capital restructure” is a giveaway…... DCL shareholders need to look through to the motivation of the individual who is posting these negative comments. If mayafushi cares for DCL shareholders, as he claims, then he should stop trying to drive the stock's price down and let the market decide its true worth.


    Silverfox46
 
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