InvestorsHub Logo

agua77

01/12/21 2:46 AM

#89071 RE: Trackman59 #89067

Uh hello?? This is old news and has to do with what needs to be available in the treasury based on loan terms.

fojcol

01/12/21 5:47 AM

#89073 RE: Trackman59 #89067

I should write a paper: WHY COMPANIES GO PUBLIC. It would be s short paper. Here's what it would say. TO RAISE FUNDS FOR GROWTH AND :EXPANSION.
DSGT is a public company. They are a PUBLIC company, and they have raised and are raising funds for growth and expansion.
If you LIKE where they're growing/expanding to, buy into their publicness. If you DON'T LIKE where they're growing/expanding to, don't buy.

One thing I really liked. I see their O/S went from 92M to 99M. That's only a 7M share increase over the last month, where the months before it was about 10M. So the rate of increase of O/S has slowed. GOOD NEWS!

And one day soon (within the next 6 months?), that increase will be ZERO, because they will have achieved POSITIVE CASH FLOW. But don't expect the share price to be what it is now when that happens. OH NO. At the rate we're going, we might have 125M share count by then, and the company could be bringing in $40M - $50M per quarter, and no more $$$ MAY ever need to be borrowed/raised again....

Backstabbed

01/12/21 7:55 AM

#89075 RE: Trackman59 #89067

wow... screwed is a big word. How are we screwed? All other companies are raising money to grow their business. If this is used to grow our bottom line, why are we screwed?

$DSGT is no longer about golf carts!

It’s about EVs. Cars, SUVs, Busses, etc...