DCL 0.00% 1.1¢ domacom limited

Has anyone read the Pit Street story on DCL this morning., page-11

  1. 59 Posts.
    lightbulb Created with Sketch. 20

    I can understand why you didn't link to the report and instead only highlighted the disclosure - the report is too positive for you to show people on this thread. So I'll attach a link here to the research report so people who haven't read it can make their own judgment about what this means for DomaCom's prospects. I'll also include a couple of quotes as well:

    "A new research report has been released today by Pitt Street Research. The report states that "We believe today’s property investing in Australia is archaic and ripe for disruption...DomaCom Limited ((DCL)) has developed two fully regulated financial products that we believe can revolutionize property investing in Australia."

    "The company’s current A$ 14.5M market cap seems to reflect a lack of awareness and understanding of DCL’s products and market opportunities on the part of equity investors. We would expect this valuation to substantially increase if and when the market latches on to the company’s future potential, reflected in growth of Funds under Management."

    "Given that DCL essentially adds another, important, asset class to financial advisers’ advisory toolbox, we expect both products will garner very strong interest once fully launched. The company is targeting the investment property segment of the SMSF market, valued at $700bn in total. Additionally, DCL has its sights set on first home buyers and the market for retiree homes worth around $500bn."
    Last edited by rookiekaiser: 14/02/19
 
watchlist Created with Sketch. Add DCL (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $4.790M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
DCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.