DOU 9.09% 0.5¢ douugh limited

Like I said in another forum, DOU piggybacks on other bank...

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    Like I said in another forum, DOU piggybacks on other bank financial licence to operate (lower risk) and does not need heavy capital to service the loans etc .......only debt required is to grow.............so its a good investment, will be difficult to keep it down for long hence the spikes...................and based on this another success story has been

    RedBubble their SP rose from .30c to $7+ in 12 months

    """""Simply Wall St
    Fri, 12 February 2021, 6:12 am·3-min read


    ................

    Before we wrap up, there’s one aspect worth mentioning. Redbubble currently has no debt on its balance sheet, which is rare for a loss-making growth company, which typically has high debt relative to its equity. This means that the company has been operating purely on its equity investment and has no debt burden. This aspect reduces the risk around investing in the loss-making company.""""

    The good thing is that DOU is not capital heavy, hence should prosper ...IMO


    Institute investors and we like fintechs that are capital light.

 
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