Aqu, If I wanted a race call I could have flown down to Melbourne on Saturday and punted a few dollars at Flemington. Next time you should call all the horses because there are currently bids down around 2 cents as well.
Obviously DOMACOM is in a very tight cash position ATM so any announcements that boost the SP and VWAP calculation are going to be welcome by the Punters. Lets not forget the last Private Placement a few weeks ago, which transpired as follows:. Hit a high of 10 cents on the 14th August leading up to the Private Placement on the 4th September, and then fell down to 5.5cents by 3rd October. Really IMO who would know.
IMO the next placement will have to be announced in the next 21 days, so lets see what happens.
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