KDY 0.00% 2.7¢ kaddy limited

Ann: Q2 FY2022 Quarter Update Presentation, page-24

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,576 Posts.
    lightbulb Created with Sketch. 1035
    Yes I understand they want to expand quickly and this costs money and that is not an issue.

    The issue is if we have a major correction in the market and they are looking for cash investors may be relucted to put more cash in to a loss making business.

    I remember many years ago when Alister Norwood had his Jeans West and was doing a BIG CR and the market crashed the brokers pulled the deal and it eventually put his company in to receivership.

    The market is all about timing and yes you need to wait for things to unfold for the share price but you also need to look at the other side of the coin when the company is walking a fine line as is DW8 currently and the need for imminent cash.

    If the market tanks this may cause companies like DW8 to be in a very precarious situation.
 
watchlist Created with Sketch. Add KDY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.