shareprice will remain crap until consolidation happens. Noboby wants to pay a high price when it was announced at the AGM that price would be around 20 cents per share after consolidation. DES shot themselves in the foot, by not consolidating early and then making announcements to boost price.
As for website...it still looks crappy, and 100,000 songs is nothing these days. I did 5 different searches for music I could buy now at Tower records and all came up with big "sorry don't have this one" message....
DES will need to show download figures and profits over the next 3-4 months in order to get market backing. At present CEO is hyping the company position. I would too if it was my baby, but with a consolidation looming, Apple set to become worldwide competitor and piracy issues growing, DES needs to really get its act together and prove it can capture the market and sustain growth.
I hold, and hope the price goes up, but it looks long term in my books
DES Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
