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I agree wholeheartedly with your views, the exact reason that I...

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Stickshift

7,948 Posts.

2088

15/11/20

15:34

Post #: 48885390
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Originally posted by keepingitril: ↑

@ElectroCloud and @Stickshift

I've just been over at said other company looking at some of their recent materials.

DOU are doing a massive disservice to themselves and their holders, if this shared director thing is not dealt with in a very timely manner.

Financial service bank things increasingly rely on ethics and transparency going forward and sharing a director with what I've just been looking at is the polar opposite of what DOU should be heading towards, particularly just coming more into the market.

I am not claiming for one moment that anything wrong or bad has happened with DOU, but the optics from the broader perspective are very poor. DOU should be running as far and as fast as they can away from any such, even possible, inferences.

While DOU is perhaps the first of their kind to come onto the ASX, this is no APT. There are existing significant players who only need to make a new offshot app to take DOU out. And there are many other players just hovering and though unlisted, already working away, many with some success. DOU will not be in this space alone for very long.

I would be stunned if there are not currently very serious discussions going on in the upper echelons of DOU board and management.

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I agree wholeheartedly with your views, the exact reason that I brought it up in DOU's forum.

DOU Price at posting: 35.5¢ Sentiment: None Disclosure: Not Held
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