DOU 0.00% 0.3¢ douugh limited

100% agreed many don't know this is a reverse takeover is a...

  1. 194 Posts.
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    100% agreed
    many don't know this is a reverse takeover is a way of fast track them self to asx. not like other companies need an ipo and waiting for asx approval to be listed. so $6m does not mean DOU valued at $6m. including the $6m it has $18m to start off. with MC today $103m now they can easily raise $10m this is the benefit of reverse takeover. keep in mind by comparing with similar companies their start up is $150m++ potential growth into the billions. partner with US and AU's banks again benefit of not getting the bank license is bearing all expenses of holding a license. ziptel knows DOU potential that is why they fast track each other into success.
 
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