Hi, Wolf - "Would that not equate to 2.5 million or so with some time still to run as the next draw?"
Yes, I think you're right. However, looking at the matter in the overview, what I see is a market that hasn't quite figured the story out (including the transient effect of the Acqua draws).
By that I mean the combination of news, and a few million-share days, will quickly dissipate the remaining effects of this draw, and perhaps one more.
At that point the market for DMX shares becomes very tight: one can expect a rapid rise.
However, the sustained volume, and (again) the TA, indicate to me that the market is starting to "get it": DMX has created a potential bargain, with no long-term dilution.
Furthermore, though I can see a ramp-up in opex in the coming year, those expenses should be largely offset by the NASDAQ distribution - and in this investment climate, only fools would plunge into NASDAQ unless the story was really strong.
In short, I can see the usual challenges facing companies such as DMX, but what I also see (believe it or not) is a course charted with optimal benefit to the shareholders. Moreover, reading the signs, I see every indication that DMX regards the future as sufficiently clear to make (and announce) preparatory steps to the "next stages".
IMO, barring some completely unforeseen and cataclysmic event, within the next few months max, this thing is gonna bust out.
Regards,
Jim |
