Great post Copter, maybe the most honest I have read on MBE. Looks like there are now two of us that actually understand the DCB. Of course I did my research when it was too late. At first for a while I thought DCB was actually direct carrier billing as opposed to being a subscription service for apps and games which is all it is.
"I don't buy the one off nonsense. At the time of the cr I don't think the market was informed accurately of the dcb model."
The one off nonsense was a blatant lie and caused many of us to lose plenty by not selling out. That was the Share markets most jibberish price sensitive announcement in History imo. I understood very little of it.
It was a business model based on dishonesty. The current DCB business still draws a fair bit of revenue largely from clients who actually want the service now with the two step sign up.
MBE Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held