It surprises me - if not shocks me how speculative most of the comments on this stock are.
In my opinion, I honestly believe this stock is a complete dud and to most comments suggesting "Downside is limited" I'd say the downside is circa $0.31 per share
I've been in the DC space for over 15 years now and run a small DC company in exactly the same space (based out of Sydney with a presence in Melbourne too). ** Small DC company I run is still bigger than DC2 and hence I am following this very closely out of sheer excitement + curiosity **
To be factual,
1. The revenue they are reporting is nothing in this industry
2. A company in DC space for 7+ years reporting revenues as DC2 is a big red flag
3. Running at net loss after 7 years in this industry is every bigger red flag based on how reoccurring revenue (and cost) model works.
4. Having 75+ direct customers and 300+ indirect customers in this space should in my opinion translate to "at least" 5Mil+ revenue - so I struggle to understand how their revenue number actually ties to their customer number/services they offer etc.
Well, that's my share of knowledge - I hope it helps some here readjust or at least motivate someone to do further research.
I will be sure to read responses to this post and continue watching DC2 for some time
- Forums
- ASX - By Stock
- AI1
- Omg Video
Omg Video, page-35
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AI1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.245M |
Open | High | Low | Value | Volume |
4.2¢ | 4.4¢ | 4.0¢ | $29.23K | 705.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 102249 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 111905 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 102249 | 0.040 |
1 | 250000 | 0.039 |
1 | 35950 | 0.037 |
2 | 271388 | 0.033 |
1 | 31250 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 111905 | 1 |
0.045 | 223624 | 2 |
0.047 | 200000 | 1 |
0.048 | 150000 | 1 |
0.049 | 408057 | 1 |
Last trade - 15.13pm 27/09/2024 (20 minute delay) ? |
Featured News
AI1 (ASX) Chart |