DLC 0.00% 0.7¢ delecta limited

Lots of speed bumps along the road to success for DLC. And the...

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  1. 3,706 Posts.
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    Lots of speed bumps along the road to success for DLC. And the biggest is the 11 Million shares of EUR that DLC owns. One of the largest is the previous management released information about a possible reverse-split for EUR. Reverse splits are on the one side just a halving of the shares out on the street and a doubling of the SP value but on the other hand, revolting for small investors. For me personally, Reverse Splits make we want to puke.

    My German bank notified me about the information call for just how many shares I own of EUR here in Europe so EUR is prepared to RV if they so choose................I trust EUR management to increase shareholder value but I am not in love with the stock. I like the gains but as always I am prepared to part with my holdings before a RV. I am just a penny stock trader at heart. I own millions of DLC shares but it its impossible to dump them with ease. U can buy a million on the high but U cannot dump a million on the high.........I can dump EUR with ease and I have done it already once..............

    I have been trading and holding DLC since the glory days of Adultshop and am experienced in judging value in DLC. Value is here but I am not telling everyone to jump in. Make your own choices. I am in and in BIG but wary.

    In the last 24 months DLC went from Loss to Profit and then Back to Loss. I bought another 10+ million shares based on the turnaround that I thought was here already, and now 24 months later HOPE is still down the road..................

    DLC has all the prerequisites for success but if the past failures repeat..................
 
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