It may be true that some institutions have sold their shares today. However, that does mean their action is sound. Remember, these sophisticated holders paid 30 cents per share about 6 months ago. Was that a correct decision? apparently not. Now they are selling for 7 cents. Is that a good decision? I do not think so. If the revenue and EBITDA numbers given in the announcement are correct, share price should not go down to this level. By the way, it seems like many have overlooked the importance of following statement of the announcement. Remember they spent a lot of money to expand the overseas component. I am betting for a strong green day tomorrow.
"international DCB managed to deliver strong transaction and revenue growth with 1H 2017 revenue up >120% on 1H 2016 ($4.24M 1H 2017 up from $1.9M 1H 2016)."
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