AI1 5.00% 2.1¢ adisyn ltd

Ann: Appendix 4E Preliminary Final Report, page-12

  1. 310 Posts.
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    I have to agree with you. I've been a bull on this one since IPO. This report made me change my sentiment from buy to hold. Very disappointed, particularly with the way management handling market expectation/relation. You lost a customer you can sign up a new one, you lost market's trust, you will f**k the share price up for a long time. Look at DXN. Blake confessed to me that no broker wants to cover DC2 because of their small market cap. If that's the case, DC2 will have difficulty when it comes to raising money in the future. The only saviour for this stock now is a M&A of some sort, or at least a presentation that shows revenue/cost breakdown, outlook etc... to give market some comfort. At this point I'm not sure if I should sell it to recoup some money or hold for a few years to breakeven. I'm more inclined to hold, can sell for tax loss near EOFY time.
 
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