DW8 1.67% 15.3¢ digital wine ventures limited

Can someone explain what this means? I thought they already had...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,967 Posts.
    lightbulb Created with Sketch. 13
    Can someone explain what this means?

    I thought they already had the sales outlets, storage, logistics and were already into direct marketing?

    What implementation are they saving on?

    $400k saving is hardly going to help their situation given the size of the spend.

    And with TMall store 'fans' plummeting, it seems that they have already lost a key marketing opportunity.

    The next quarterly will battle to show any sales growth but will show funds getting dangerously low.

    Still heavily reliant on that strategic investor to save them.

    Still really risky.

    Milesy
 
watchlist Created with Sketch. Add DW8 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.