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1.67%

15.3¢ digital wine ventures limited

yeah for sure im going to hold onto mine and wait and see thanks...

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maxym8

40 Posts.

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18/06/18

00:44

Post #: 33769516
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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

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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

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