DCC 1.89% 5.4¢ digitalx limited

Prolonged suspensions tend to be followed by a "puke", I am...

  1. 267 Posts.
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    Prolonged suspensions tend to be followed by a "puke", I am afraid: unless the clarifying Ann will be major, i.e. "we've secured XXX million in financing for the new fund".

    No one likes stock that cannot be traded: unless we hear major positives, I wouldn't be surprised if on the first day the suspension is lifted, the stock takes a plunge to the likes of 12 cents. I expect it to recover thereafter, of course...but this is the way I feel it might work.

    Continuing to hold till quarterly comes out, then re-assessing my strategy afterwards.

    For the avoidance of any doubt: my remark above is not meant as an advice for anyone to sell and buy back at the dip: I won't be doing that, the day-swings of this stock are so unpredictable that I will continue to hold through the waves, until I feel the fundamentals have changed.

    J.
 
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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