The headline for a few reasons:
1. It's massive for DomaCom as a business. They've lacked the ability to have debt which would have limited their ability to get FUM as most investors want some sort of debt in their property investment. This would seem to mean FUM would grow significantly faster in the past IMO. Even if there is other products out there, there one of the few products - read my post again.
2. Liberty's product is irrelevant as competition because of DomaCom's main value proposition - fractional property investment. There's a reason why like 90% of SMSFs have no property and 10% have entirely property and DomaCom fixes that issue. Liberty might be competition for DomaCom in 10% of the market but for the 90% of SMSF's who should have some property in their portfolio to be properly diversified, DomaCom is the only option.
The reason why the price went down because it was incredibly thin trading of only $2.5k - almost like some investors were trying to drive down the price?
- Forums
- ASX - By Stock
- With $50 million loan facility DomaCom now one of the only options for the $800b SMSF market
The headline for a few reasons:1. It's massive for DomaCom as a...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.790M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DCL (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online