SP and consolidationI am bullish on DGI, as are several others on this board.
I have been building a position at $0.02, but would still like to buy more. My question is this:
What are your opinions about the SP going forward, specifically after the share consolidation that should follow the AGM? Do you think it's worth waiting for the consolidation to buy?
Assuming a reverse split of 100:1, that brings the bid-ask to 2.00-2.50, at which point the spread should narrow.
So maybe buying at 2 cents is worth it, but not at 2.5 cents, assuming the market cap of 20-25 M remains stable for the foreseeable future.
Any thoughts?