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22:53
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Originally posted by TheWhale500:
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True. There isn't a compelling reason for institutional buying at this current time. The synergies from recent acquisitions need to be realised before it attracts any meaningful insto buying imo. I'm sure many were spooked by the expenses last Q even though the informed punter here understands the reasoning. It's a classic 'short term pain for long term gain' situation. Institutions are happy to pay higher stock prices for more certainty of a profitable business and I believe many have restrictions on buying stocks with MC's under a certain level e.g. $250m
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100% agree. When acquisitions will be successful working together and the company will start getting a bigger market share then this will be the time when instos will heavily jump in. At the moment DW8 is a startup company. The SP last year was not justified by business performance. We as retail shareholders should buy as many shares as possible now and just wait for the time when this company will be appealing for instos.
(20min delay)