@Hotpy Yes, I agree with most of your post.
The main reason SP is falling (including across the tech sector) in my opinion is because the market is moving out of growth stocks and looking for value.
I don't dislike DOU's business model, but I do think the MC has got ahead of itself. Similar to many tech stocks over the last 12 months.
I'm looking at the IPO price, business development and projected growth, along with actual revenue to arrive at what I think is fair value.
Why the continuous drop then?, page-8
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.246M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 12377071 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6131594 | 15 |
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