Australia's largest stock trading and investment forum Australia's #1 stock forum

DW8

Click for more information

1.67%

15.3¢ digital wine ventures limited

Chinese Buying DW8, page-47

First 47 Last

Share
Profile

Follow
maxym8

40 Posts.

2

18/06/18

00:44

Post #: 33769516
Share

Originally posted by TradeX8 ↑

The company is obviously in discussions with someone in China and I would imagine something would be announced soon.

DW8 need to sign up someone for the distribution of the wine.

The Chinese are probably wanting an equity position in DW8 as part of the deal.

IMO that is probably what they would be negotiating. How much % of the company at what price and what will the company get in return on guaranteed sales.

Its not rocket science here I am sure they would be hashing out the terms of an agreement that both parties are happy with.

I dont think it is a matter of IF and I think it is a matter of WHEN.

And WHEN it does happen based on sheer numbers alone the share price could go any where.

Basic mathematics when you have such a massive population you only need to make cents in the dollar on each sale to make massive profits in China.

That is why China now has more billionaires and millionaires than any other country.

Anyway I am happy to hold because sooner or later DW8 will sign off on a deal

Expand

yeah for sure im going to hold onto mine and wait and see
thanks for ya thoughts/ opinion
lets hope we can celebrate a deal - sooner rather than later

i

DW8 Price at posting: 0.6¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

There are more pages in this discussion • 4 more messages in this thread...

First 47 Last

Add DW8 (ASX) to my watchlist