RE: The Pareta e drive part of the business is big enough on its own26 Jun 2024 10:02
I would also like to add that Swazers was just lucky with his guesswork. The main reason that this share dropped from 0.24 was because one of the bigger shareholders for whatever reason decided ti exit. I am led to believe that he had lost a lot of money elsewhere and DGI was his only profitable share at the time. He has proved himself untrustworthy and should never have been offered cheap shares. I doubt very much that our new board will let this happen again and IF and WHEN more money is raised it will be with investors that can be trusted who will also share a long term plan.
The Broughtwood situation exasperated the situation and then we had the perfect storm. The smaller less informed investors panic sold and all the good work was undone and here we are at this crazy SP.
Anyway the fundamentals haven’t changed, in fact they have improved and we should now see a steady climb. The SP is only of interested to me because when they do actually raise money it is important for the business that it is done at a realistic level.
I am far from a ramper as you can tell from my history. My agenda is simple, it’s to share my research and hopefully encourage LONG TERM investors like myself to invest and hold. The more shareholders that we have that are in it for the long term can only help DGI to fulfil its promise.
StayLong