GREY:DXBRF - Post by User
Post by
geodcanon Dec 04, 2019 1:49pm
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Post# 30421772
The good ship Dixie
The good ship Dixiegot launched in a storm as far as ipos and market sentiment. The way management handled their new publicly traded company could be construed as indifference and lack of understanding their new status. Shareholders need to be taken care of or they cut losses and leave and the more that leave, the more that follow. Selling begets selling, investors take notice and raising funds becomes harder or impossible. Dixie has 100 plus skus and recognition by awards for some of those products. They are far ahead of some of the new competition imho but if they don't treat this as their trump cards and come out smokin', they will fail.
The Arizona deal has gone quiet and that beverage line potential is critical. AriZona could just be our acquisitor which would be fine but not at this price.
For sure, they need to understand that they have a huge responsibility to the shareholders who have their ballz in their hands. Not a private company anymore! glta and dyodd