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 StFri, 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.
- Forums
- ASX - By Stock
- Reporting Market Driven KPIs
Like I said in another forum, DOU piggybacks on other bank...
-
-
- There are more pages in this discussion • 9 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 DOU (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $5.410M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $1.373K | 254.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 8167294 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2488858 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 7767294 | 0.005 |
9 | 4628622 | 0.004 |
28 | 20371472 | 0.003 |
11 | 7232639 | 0.002 |
7 | 12799950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1958858 | 8 |
0.007 | 4856033 | 9 |
0.008 | 2576733 | 9 |
0.009 | 170790 | 3 |
0.010 | 189743 | 5 |
Last trade - 14.03pm 04/10/2024 (20 minute delay) ? |
Featured News
DOU (ASX) Chart |