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Ann: Consolidation/Split - DW8, page-30

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madbullrun

4,675 Posts.

95

01/11/22

14:03

Post #: 64524500
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Originally posted by James7821: ↑

Dog stock will go down far further IMO

When it opens at 10c (post consolidation price expected), it will quickly drift down pip by pip as many who didn't want to sell at 0.3c but wanted to sell at 0.4c will happily take at 9.9c, 9.8c, 9.7c then before you know it will be basically at 0.3c equivalent with a whole lot more overhang selling pressure.

sure, market cap being already bargain bin trash at 11m and people saying not going down further. That's actually true. In fact the market cap will likely be going up. Yes you heard that right. Market cap going up with stock price going down. How? with all that BS dilution free handout giveaways to the insiders.

Consolidation to 111m shares makes plenty of room for new dilution for insiders

They will tell you they are doing a good thing - won't take as much pay but instead take a hell of a lot of options and shares in lieu. This AGM is just the tip of the iceberg.

This company is garbage. Good luck all holders

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good analysis then most likely CR at 0.08
lucky i only hold 1m unit at 0.004 and only took $40 loss this morning hahaha
investing in penny stocks is high risk high return gotta stick to the low risk option

DW8 Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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