ChowCCJ
2022-05-22

$Diginex Limited(EQOS)$I think EQOS shareholders should review their positions & perspectives  on EQOS. To me, I do believe in the outlook of cryptocurrencies in complimenting (not replacing) fiat currencies. And EQOS seem to be at a strong standpoint in this crypto space as

1. one of the most recognized/ safest custodian services Digivault, 

2. Various mergers with other business, most recently with Binance, one of the largest crypto services. 

3. One of the earliest Exchanges to build its services around the space, including Perpetual and dated futures for the BTC ETH. 

What EQOS has been doing so far, is continuously releasing new equities to dilute the shareholding. This is no doubt painful for investors like us, but beneficial for the business to withhold and raise cash to tide through this period. While there's no certainty that this will turn around for investors,but this is where we need to believe in the mamngement. So far what's on the streets is CZ seems to be a believer too, with approx 6.5% stake of EQOS. 

So, if you believe in the outlook of crypto and EQOS strategies for business growth, you should stay invested at a comfortable exposure. Otherwise you might want to reconsider your positions and recoup In other areas. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MR_Wu
    2022-05-23
    MR_Wu
    Have you already bought this stock?
    • ChowCCJ
      Yes, i went in very early.
  • Leefh888
    2022-05-22
    Leefh888
    yeah, agreed. Its had potential in future once recovered. Its suitable for mid to long position depends on individual risk appetite. I‘m accumulating since below 2.0.
  • BurnellStella
    2022-05-23
    BurnellStella
    I am still confident in the future performance of EQOS.
  • MortimerDodd
    2022-05-23
    MortimerDodd
    EQOS is one of the better-developed companies in the cryptocurrency industry.
  • MoreThanGold
    2022-05-22
    MoreThanGold
    Ok
  • Roarrrrrr
    2022-05-22
    Roarrrrrr
    F
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