Gentlemen - I don’t make the rules. The lack of news has stemmed every bit of momentum Dw8 as a stock had, convince me otherwise. This doesn’t change my conviction levels, I still hold a few million units in this thing.
I still can’t fathom why we never had a market announcement for the successful integration of eBay as an example. I understand companies only can announce material information to the ASX but every other tech stock I hold/follow, announce partnerships/integrations which are much smaller than this (AHI.asx is a good example). Clearly management teams stretch the definition of “material news” when making announcements but I feel like DW8 have become way too conservative with their news flow. In terms of eBay, If you’re a non user of Instagram/LinkedIn/Hotcopper, is your immediate assumption that the go-live of DTC was unsuccessful since you haven’t heard any updates?
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