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  5. DWS: After years of depressed share price, DWS is now rising fast. [Diamond Estates Wines & Spirits Inc.]
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Investment Q&A

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Q: After years of depressed share price, DWS is now rising fast. Do you know why this is happening?
Asked by John on September 26, 2024
5i Research Answer:

Microcap companies ($21M market cap only) can move pretty much randomly. On September 12 the company made a small acquisition and in August it reported Q2 earnings. There has been no other news. But the stock has moved very well since the day of the announced acquisition of Perigon Beverage.