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2.7¢ kaddy limited

So your lesson is sell at first red flag, you've personally now...

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CaptainA

994 Posts.

245

01/08/22

16:34

Post #: 62859714
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Originally posted by steve10: ↑

There will be no money left to disperse after legal fees.

Parton's acquisition was ok & he would have got his shares. Bought Parton's to hide flat lined growth. The seasonal excuse is bullshit because if you are growing off a small base you should keep growing. So first red flag was lower Q3 FY21 revenue resulting in dump from peak SP at the time & it has never recovered.

Kaddy was real bad timing wise & price/dilution wise. It was bleeding cash & making stuff all revenue that's why presentation mentioned $18M GMV & nothing about skim rate or revenue at the time.

I'm probably one of the few still in green. Lucky never handed over a cent during CR & SPP. And lucky DW8 is a small portion of my portfolio.

Lesson = when first red flag appears don't ask questions just sell out.

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So your lesson is sell at first red flag, you've personally now seen more than one, so how come you aren't learning the lesson?

DW8 Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

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