RE: Good Day14 Apr 2023 12:26
The way I see it is this. Once you start quoting (relying on!) Brokers, then you're running on empty. The 'Broker Targets' here have been an absolute joke; especially Berenberg, who were quoting £10 not that long ago (they have since reduced it by a whopping £4!). Truth is, you just aint gonna make much money here; well, not based on yesterday's somewhat workmanlike results. To do so, DT will need a takeover - which 'could' happen. If it did and let's say, they offered a 100% uplift on today's share price (which they won't), then you are still only staring down the barrel of £5. That, would leave 90% of investors here, heavily out of pocket. This is down 25% since it floated, but it 'could' get worse. Not a great return let's face it, with many in my opinion, unlikely to see a return on their investment (don't forget that there were plenty of people paying all the way up to £10 here). The sad fact of the matter is that DT simply hasn't lived up to the IPO 'PI hysteria & hype' (i.e. ramping). Nowhere near it in fact. Those rampers have long since disappeared - of course they have. But many here got suckered in by them, despite 'opposing voices' trying to stop that happening (who were then ridiculed and mocked for it, but have since proven to be 100% correct). Truth is, DT has not been a FTSE IPO success story. This company just has way too much baggage (and historical 'inflated expectation') - and that's going to be a huge barrier to overcome. DT was always a high-risk investment, but two years on and it's probably under-performed more acutely, than its main detractors could even have imagined. Yes, 'anything could yet happen' here, but I myself feel that the Fairy Tale "get rich quick" story is over for DT . . . ATB
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