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DCL - DomaCom Limited

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DomaCom Group's core business is the delivery of management and operation of the DomaCom Fund.

DomaCom's business model combines a proprietary online technology platform with a tailored managed investment scheme structure, with benefits for distribution and scalability. DomaCom Australia's AFSL also authorises it to 'make a market'. This means that it can provide a secondary trading functionality that (subject to buyer demand) allows holders of fractional property interests to trade their interests.

It is anticipated that DCL will list on the ASX during August 2016.

http://domacom.com.au
 
Cannot work out if I got a bargain yesterday at 0.40 for DCL or not. IPO was 0.75, listed yesterday and crashed nearly 50%.
Majorly oversold one would suspect .

Watch for the Rally on DCL today!
 
Now that the selling has stopped and the share price has stabilized, it might just be worth a look today
 
Watching this share price slump its now starting to just get a little ridiculous
IPO listing price 75 Cents
Listed at 70 cents
Now 35cents

TOTAL WEALTH DESTRUCTION Of 50% BEFORE YOUR EYEBALLS IN A MATTER OF 3 TRADING DAYS
 
The market will remain irrational far longer than you will remain liquid.

Clearly the market doesn't agree with you.
Sell when it doesn't
Buy when it does.
 
Is the market irrational or was the listing price for DCL at 75 cents irrational? That is the question one should be asking! I do spot the buyers side building fast now, so lets just see how the afternoon pans out. We might just get that relief rally I was talking about.
 
pettlepop said:
Is the market irrational or was the listing price for DCL at 75 cents irrational? That is the question one should be asking!
Click to expand...

Probably before one buys.

Looks like a pretty cr@p business. Breakeven is FUM of $275m -- they have $12m FUM at the moment. How long will that take to happen and how much cash will they blow through on the way?
 
McLovin said:
Probably before one buys.

Looks like a pretty cr@p business. Breakeven is FUM of $275m -- they have $12m FUM at the moment. How long will that take to happen and how much cash will they blow through on the way?
Click to expand...
That being said, you can still make money on a stock that has now dropped over 55% in 3 trading days. At some point the seller exhaust and the buyers scoop up a bargain to the joys of a relief rally.
 
pettlepop said:
That being said, you can still make money on a stock that has now dropped over 55% in 3 trading days. At some point the seller exhaust and the buyers scoop up a bargain to the joys of a relief rally.
Click to expand...

So keep buying.
If it was good value at 75c its great value at 40c and amazing value at 31c --(Now)---20c---10c---5c---.

You might want to have a look at the PEN thread and go back 3 yrs when it was 12.5c and has since had 2 x 10 dilutions
 
In for a short-term trade on DCL keep a close eye on it this afternoon! I suspect this will rally hard well past the 40 cent mark as thats where the churning started 2 days ago. Over 1 million shares traded on Monday with a VWAP of 42 cents
 
pettlepop said:
That being said, you can still make money on a stock that has now dropped over 55% in 3 trading days. At some point the seller exhaust and the buyers scoop up a bargain to the joys of a relief rally.
Click to expand...

It could also drop another 55%. Buying in the hopes of a relief rally for a micro-cap with no history is very high risk, imo.
 
McLovin said:
It could also drop another 55%. Buying in the hopes of a relief rally for a micro-cap with no history is very high risk, imo.
Click to expand...
Possible, but unlikely given that sellers have now been exhausted and the depth on the buyers side is building to support its current share price. Day traders will need to rally the share price back into the 40's to get their money back as we get closer to the trading end of T+2 (trading + 2 days settlement). Interesting afternoon ahead my friends
 
If the stock is still falling how can you determine that Supply is exhausted.

Demand hasn't been seen --- yet.
Demand maybe swamped by supply as price rises to a point where the pain is less
for those stuck and holding --- like you---expecting some form of rally.

Generally these falls tend to have price remain stagnant for long periods of time
until sellers are truly exhausted.
In my experience its a long way off yet!
 
In my experience she is exhausted and I will likely prove you wrong by end of days trading today with a fast and wild swing to the upside. 3 hours till she closes
 
pettlepop said:
In my experience she is exhausted and I will likely prove you wrong by end of days trading today with a fast and wild swing to the upside. 3 hours till she closes
Click to expand...

Perhaps tomorrow.
 
Got some back
A 50% drop needs a 100% recovery.
Still think this will range below buy
Price for a LONG time.

Could be wrong!
 
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