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Thanks but no thanks all in on dw8 lets go choo choo also most...

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116

07/11/22

11:57

Post #: 64625483
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Originally posted by Stockholm: ↑

The constant dilution to stay afloat is the problem. The market cap looks ‘cheap’ but keeps getting divvied up.

I had a buy in at 0.02 when it was 0.05. I just pulled it this-morning.

The share price is 0.03 and we all know DW8 needs further capital to stay afloat.

This will be done at 0.02 or 0.01 / or the equivalent at a consolidated rate.

DW8 is mid way through its death spiral. I think it has more to run. The risk is too high, you could be right - I will never argue for or against and investment but I will point out facts.

The other thing you need to consider is what the true value of the company is. Who would buy a company in such a disarray? What is the underlying value? I could go buy a private company with 20-25% return outside the ASX any day of the week. Currently DW8 would be hard to even give away.

I would rather lose an opportunity to make money than lose my money.

Go find another stock if you have cash to burn. Diversify and look outside the DW8 lane.

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Thanks but no thanks all in on dw8 lets go choo choo also most money is made buying business when they're at breaking point and riding them until they're winners

DW8 Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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