KDY 0.00% 2.7¢ kaddy limited

Wine Depot Insider trading openning, page-81

  1. 398 Posts.
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    A few points to remember...

    DW8 Doesn't set the prices, the producers do

    The shareholder prices aren't the same as the trade buyer prices

    We're still in the process of signing up producers

    Many producers won't be allocating large portions of stock to DW8 until the sales start rolling in. Once they start selling their stock at and making better profit margins they will begin allocating larger portions of their inventory.

    When their stock starts moving on DW8 and they get a taste of the higher profit margin they will likely reduce their prices to transition more business onto the platform.

    There's 10,000 shareholders wanting access to the platform and they appear to be vetting them manually. Getting your panties in a twist because you didn't get priority service is a bit of an overreaction.
 
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