Im sad to say that DAG will probably fall to 25p or less in the coming month until the funding issue or an RNS saying that they have actual got some more money in the bank of around £1m, I would only be a buyer once this funding is sorted out and DAG need to be able to convince backers that they are a worthwhile investment. I would also imagine that there will be a management clearout if the company does survive, but believe me administration is a possibility, and anybody who doesnt believe that could happen shouldnt be investing in shares. I was caught by independant energy about 4 years ago, £7k down the pan, I only bought them 2 days before they went into administration, I believed they would raise extra funding and be a great turn around, but anybody interested in them but bits off the reciever for a fraction of the price.
Anybody buying at the mo needs their head testing, not a lot of money left, pathetic sales figures and nobody has any clear picture of what they actually recieve from what deal, and it appears nobody knows what deals they have actually done. This is just a gamble now, will they live or go bust, its as clear as that.
BHAFC is going to try and paint a rosy picture, but he must be showing a terrible loss now being a big buyer at 55p upto 70p as must Fandango and all the other nudge nudge wink wink boys. I dont like to gloat but when you get people who think they are smarter than they think , posters and DAG directors, and in reality they havent a clue, there is a certain amount of happiness in the current situation.
As a matter of interest what is eveyones current holding, im obviously sold out now.
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