DW8 1.67% 15.3¢ digital wine ventures limited

Forget baby formula. Wine to China is the go., page-54

  1. 3,967 Posts.
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    Thanks gottalovevmt

    This is investing. My decision is purely risk management and I appreciate your kind thoughts.

    The irony is isto too hope I have called it wrong. My loss is relatively small, so I hope for holders that THE announcement comes soon.

    From a chartist's perspective, 0.8c holds and it's a nice rock solid base . Plenty of upside potential.

    Fundamentally, unless the deal is clinched an extremely low ball CR will be required and very soon.

    I keep looking at their main sales portal, the TMall store. It lost another 12 fans in the last 2 days and 400 in just the last 6 weeks. That is retail customers exiting in droves .

    All the while there is virtually no change to wine offerings, in either range or numbers.

    The last TH/suspension hardly inspired confidence either and my attempt to speak with management whike in Perth failed too.

    So even if the good news came, I'm comfortable the decision is right at this time.

    So hard, because my gut says it's a bottom.

    Best of luck guys. If it's gonna happen it will be soon.

    Milesy
 
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