DCL 0.00% 1.1¢ domacom limited

Share Price @ 0.55 Historic Low

  1. 436 Posts.
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    Just saw today's trades in Domacom, seems their  Share Price has hit a post float low of 0.055. A far cry from their IPO Share Price in November two years ago of 75 cents ( almost a 70 cent Fall).


    Even with the proposed motions put by the Board and Executive to be put to the AGM in two weeks, IMO it's still going to be difficult to raise meaningful capital at a Share Price of 5.5 cents, let alone with a 20%+ plus discount as per the last Private Placement in September 2018. I recall the last round raised about $650K (approx).

 
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