KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-14070

  1. 468 Posts.
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    Hey, just an FYI - and no offense intended - but I think you're confusing a big recent GDA announcement with them (or a share price) "making headway and progress". It's easy to see other companies in a similar industry announce something big and get a bit miffed / annoyed yours hasn't as well.

    I dont know everything about GDA, but I have heard excellent things and had an eye on them for a while. They seem a great business.

    But much like they are progressing - and they are - so are DW8 / Kaddy. Will it translate to long term success - who knows. Riskier businesses have succeeded and safer businesses have failed.

    But share price wise, which seems to be your main concern right now which is understandable, GDA have been doing nothing for a long, long time. Went from mid 7 cents 18 months ago to briefly touch 10, consolidated 10 for 1, and dropped back from 95 cents to 77 now. So back exactly where they were 18 months ago price wise, accounting for the consolidation. Markets rarely value things perfectly, especially not early growth companies and defijitely not in this current economic atmosphere.

    Big announcements are nice for a sugar hit and reassurance, but not the only indicator of a business getting it together. When there is something to announce, it will be announced. But things are still happening. Hopefully the vision ultimately translates, but nothing is certain.


 
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