I like your optimism and those are some interesting charts you’ve put up.
however, the current market turbulence is due to a serious repricing in borrowing. As such, companies like this that are cash burning machines are still seen as expensive and the safest in and out trades you mention really only apply to highly liquid stocks that aren’t worth less than at least 5c imo.
hopefully the low is in and that’s why I’ve changed my view to hold but if the current environment doesn’t change soon I can’t see how dw8 can be a viable business in this environment, yet alone get investors to fund such viability. That’s what happened to the last strategic investor and will likely happen again. Unless the company can prove otherwise, why would you take such an unnecessary risk when there are better and safer alternatives?
a trader/investor must always be calculated and choose the best options if they are to survive this game in the LT.
good luck to you though amb, I do respect your posting on hc!
- Forums
- ASX - By Stock
- KDY
- DW8 Growth
DW8 Growth, page-15833
-
-
- There are more pages in this discussion • 571 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KDY (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.834M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KDY (ASX) Chart |
Day chart unavailable