DW8 1.67% 15.3¢ digital wine ventures limited

I know, buy sometimes buying quality is the best strategy. There...

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  1. 7,325 Posts.
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    I know, buy sometimes buying quality is the best strategy. There are a lot of hopes and dreams with DW8, none of which seem to be coming true.

    The risk here is off the charts. And by risk, I mean the chance of zero capital return. I.e the company goes bust. At $4mill it's wildly overvalued. It should have an EV around 500k-$1mill, at best.

    Anyway, it's been a slow day for me and I'm not liking the direction the whole market is heading. In a wild bull market, DW8 can survive, anything less and its goodnight Irene.
 
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