Datametrex AI Ltd V.DM

Positive, Neutral or Negative View on the news. That's ITQ

[EnoughBull]

The announcement by Datametrex regarding the disposition of shares of New World Solutions Inc. could be interpreted in different ways depending on various factors. Here are some considerations:

1. Positive View:

   • If Datametrex sold the shares at a profit compared to their acquisition cost, it could be seen as a positive move, indicating that they were able to realize a gain on their investment.
   • The fact that they still hold a significant number of shares in New World Solutions Inc. (10.65% of outstanding common shares) suggests they still have confidence in the company's prospects, which could be viewed positively by investors.

2. Neutral View:

   • If the sale was purely for portfolio rebalancing or liquidity purposes and not due to a negative outlook on New World Solutions Inc., it might be seen as a neutral move.
   • The statement that the remaining shares are held for investment purposes implies that Datametrex still sees potential value in the company.

3. Negative View:

   • If the sale was prompted by concerns about New World Solutions Inc.'s future performance or prospects, it could be viewed negatively.
   • The decrease in ownership from 14.53% to 10.65% could indicate a loss of confidence in the company, especially if it's a significant percentage of their holdings.
   • Selling a substantial portion of their shares could signal to other investors that there may be issues with New World Solutions Inc. that could affect its stock price negatively.

Overall, without more information about Datametrex's motivations and the reasons behind the sale, it's challenging to definitively classify the news as positive or negative for investment. Investors may need to consider various factors and conduct further research before making any decisions.

[Jpots3289]

This is merely speculation but based on the timing it sounds like they sold a portion of there shares in New World to pay the tax man

[MyAli4s]

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[peppesilver57]

IF .03 is hit on today , it maybe that penny flipin will be on this trade for a while. what say u , will we hit on .03 today.