The technology is very good but the margins are very small.
Also management imho are dodgy as all hell. Management showed last year that they valued the company at 1cps when incredibly they doubled the scrip on issue at 1cps!
Amazing given that in the months leading up to the 1cps rights issue they sat idly back and watched the sp fall from 15cps down to around 2cps.
Then once having secured the rights issue they begun resuming a bit of a ramp but the market by this stage has well and truely woken up to these tactics.
There is nothing that i have seen about DDT that is new, i repeat the technology is good but the margins are low! They would have to sell masses of product to make even reasonable profits and even if they achieved this, from what i have seen as a former shareholder, i would not trust management enough to run the company in a professional manner. Ian Allen was imho a far better CEO at DDT, whilst he wasnt the greatest he did have the company's best interests at stake.
So whilst i can see DDT doing the occasional bolt like it did the other day, i believe it must be viewed as simply a trading stock. The sp might fly (like a dog escaping from its masters home that never takes him walkies), but the dog will always return home to where it belongs!
Make no mistake, DDT is a dog.....Datadog!
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.632M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3266350 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 171990 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1684641 | 0.006 |
6 | 6276315 | 0.005 |
4 | 1430000 | 0.004 |
3 | 3296262 | 0.003 |
8 | 8550000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 979869 | 3 |
0.008 | 3300000 | 5 |
0.009 | 181061 | 3 |
0.010 | 757593 | 4 |
0.011 | 300000 | 2 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
DDT (ASX) Chart |
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