Wow you read posts and actions like this and you understand why small retail posters are derided.
Romann, you quite rightly tell someone to bugger off and then a week later you sell. And your reason is "no news in a month and half"! Not only does that make you look unbelievably weak it also shows how little you understand the company.
If you needed something to read then take a look at a research report done by RB Milestone (http://www.datadotdna.com/au/news.php?id=57 ). You don't see this often enough but there is a fair SWOT analysis on pg14. From that you can see that the focus is cost reduction (~6 months) and greater push into North America (~12 month target). This may help understand the company's focus and strategy and indeed why there has been no announcements recently.
What did you expect, an announcement to say they're working hard on cracking the U.S.? People obsess about deal announcements (i.e. NWZ being a great example) but the ASX judges companies on $$$ and I like that approach.
Sure, old investors will question (previous DDT) management and rightly so but (except for China) Asia was never the play for me because the $$$ weren't there. I think the relatively new management get it. North America and Europe (and China) is where the money is to be made. And that's the focus now which convinced me through a small parcel at it.
DDT is a nice play at $17m MC compared to other much-hyped young companies. Am prepared to give it ~18 months and judge against the cost and N.A. targets set by the company. Time will tell of course. But I will make my call based on company performance.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.632M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $600 | 120K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3858606 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 4185973 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 10.02am 29/11/2024 (20 minute delay) ? |
DDT (ASX) Chart |