I got out today after DSE wiped a big chunk of my folio value. essentially because a) I am extremely disappointed that DSE didn't do more analysis/DD on their partners (as evidenced by the investor call); b) management are super slow to announce anything thus leaving the sentiment of the stock at "shocked" and "bitter"; c) they have already said users will be ~350k for Nov; d) with the escrow shares being released in Dec I think that people will be scared that the SP will drop in anticipation; and e) there are other stocks out there wIth better ST prospects.
I still believe in DSE but they have some ways to go before they realise the value of their new partnerships and regain the trust of investors.
GLTAH.
Ann: Company Secretary Appointment/Resignation, page-29
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |
