Digital 9 Infrastructure (DGI9)
Big drop in share price today (>30%) on concerns over debt and associated cancellation of its dividend .
It was tipped recently in both the FT and ST ( with caveats) as a play to access the picks and shovels of the digital growth migration narrative,.
I was so tempted to buy some as I believe in the story but after doing some research my gut feel stopped me from doing so.
Bullet dodged and just shows that we should all do our own research and a valuable lesson.
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Digital 9 Infrastructure (DGI9)
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Re: Digital 9 Infrastructure (DGI9)
Antonyfool wrote:Digital 9 Infrastructure (DGI9)
Big drop in share price today (>30%) on concerns over debt and associated cancellation of its dividend .
It was tipped recently in both the FT and ST ( with caveats) as a play to access the picks and shovels of the digital growth migration narrative,.
I was so tempted to buy some as I believe in the story but after doing some research my gut feel stopped me from doing so.
Bullet dodged and just shows that we should all do our own research and a valuable lesson.
Not familiar with that. And I should be, as its area of investment you describe happens to my core professional field ...
When was it tipped? Is there a non-paywalled link?
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Re: Digital 9 Infrastructure (DGI9)
D9 has decided to wind itself up.
This is an interesting lesson as I’ve seen a number of favourable views on D9, then the share price bombed following a management team issue…and now the board have decided to wind itself up.
Caveat emptor!
https://otp.tools.investis.com/clients/ ... id=1783402
This is an interesting lesson as I’ve seen a number of favourable views on D9, then the share price bombed following a management team issue…and now the board have decided to wind itself up.
Caveat emptor!
https://otp.tools.investis.com/clients/ ... id=1783402
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