Not only is it not a good look, it is a flagrant breach of ASIC Guidelines. Section 85 of RG 234: "Advertising financial products and services' clearly states that "Only current ratings should be used". So ASIC are well within their rights to step in a suspend Domacom from taking any applications from investors in the the Domacom Fund. They have done with before with other funds managers for exactly the same reason.
Domacom have shown a flagrant disregard for investor interests. Clearly a sign of desperation.
I do note however having just visited the site that no research reports are currently accessible. Would be interesting to know when that step was finally taken.
DCL Price at posting:
8.9¢ Sentiment: Sell Disclosure: Not Held