Articles On Digital Wine Ventures (ASX:DW8)

A slow start to the week with the ASX 200 down 0.45% today Small cap index falls 0.59% and 7 out 11 sectors finish lower CBA says consumer sentiment could be in deeply pessimistic territory for some time   The local bourse had a flaccid s...

Welcome to the end of the day, where we recognise that your day has been just as hectic as ours, so we spend some time trawling through the news to bring you the bits and bobs from the ASX and elsewhere that keep you informed and looking su...

DW8 (DW8) is existing the consumer fulfilment services market to solely focus on its core business-to-business (B2B) customersThis decision follows a strategic review by recently-appointed CEO Steve Voorma, who based the move on DW8’s finan...

DW8 (DW8) appoints Steve Voorma as its CEO, effective immediately, following the resignation of the company’s founder and first CEO, Dean TaylorMr Taylor cites his personal health and family life as the reasons for his departureAccording to...

DW8 (DW8) launches a $9.85 million capital raise to fund the growth and maintenance of its Kaddy Marketplace and Kaddy Fulfilment platforms The capital raising comprises a $5 million funding agreement with US-based New Technology Capital a...

The ASX200 is riding Wall Street’s coattails today up 044% Nine out of eleven sectors were higher, with real estate leading the charge Technology was a close second with the help of a unicorn takeover bid   Wall Street rallied on Friday a...

DW8 (DW8) secures up to $10 million in funding from Singapore-based Triton Growth Management The investment is in the form of a convertible note with a two-year term and a 12 per cent interest rate per annum DW8 will use the money to scale...

DW8 (DW8) launches a new membership subscription program under the Kaddy platform The new model allows Kaddy Marketplace to reduce its commission rate from five per cent to as low as 1.25 per cent, making the platform more attractive to c...

DW8 (DW8) tables operating revenue of $4.6 million in Q3 FY22, down 15 per cent on Q2 but up 497 per cent from the prior corresponding period (pcp) Active suppliers increased 321 per cent from the pcp to 1178, while DW8 shipped 313,000 cas...

The ASX Emerging Companies (XEC) is 1.1% higher on Thursday, while the boring old ASX200 (XJO) is 1.2% higher. Here’s my overnight summary – a brief cessation of hostilities; a momentary lapse of reason; and everyone just chilled for a seco...

Digital Wine Ventures (DW8) reaffirms its plans to consolidate its several business arms under a single brand, Kaddy, to create a more cost-efficient and streamlined operation The company will retire its WineDepot market business and migra...

DW8 (DW8) has completed the sale and long-term leaseback of the national distribution centre (NDC) in Victoria Last December, the company signed binding agreements to effect purchase, sale and long-term leaseback relating to its NDC As pa...

DW8 (DW8), formerly known as Digital Wine Ventures, has reported a 78 per cent climb in revenue Operating revenue grew by 78 per cent to $5.4 million from the previous quarter, which only includes three weeks contribution from the recently...

Highlights DW8 completed the acquisition of B2B beverage business – Kaddy Australia. In October, the company signed a binding term sheet to acquire 100% of the Kaddy Australia Pty Limited.  DW8-owned WINEDEPOT has recently launched an...

Highlights During Q1 FY2022, WINEDEPOT, Digital Wine’s tech enabled digital platform generated AU$3.04 million revenue, up 195% QoQ. Compared to Q1 FY21, Good Drinks Australia’s total sales volume was up 16% to 4.3 million litres in Q2...

The Digital Wine Ventures Ltd (ASX: DW8) share price is dipping during mid-morning trade. This comes after the wine-focused technology investment company provided an update on its capital raising efforts last night. At the time of writing,...

Adriatic Metals (ADT) this week proposed a US$244.5 million (A$330 million) finance package to construct its Vares silver and zinc project in Bosnia and Herzegovina. The funding includes a US$102 million (A$137.5 million) equity raise, i...

The Digital Wine Ventures Ltd (ASX: DW8) share price is sliding into the red today. Shares are currently changing hands at 6.25 cents apiece, a fall of 5.3%. It comes after the company shed further light on its previously announced acquis...

Digital Wine Ventures (DW8) will acquire the B2B liquor business Kaddy for $6.75 million worth of cash and via the issue of 484.9 million shares The booze company came out of a trading halt today to announce the acquisition as well as the...

Local stocks posted a strong session on Thursday, as the ASX 200 climbed by around 1% while the microcap Emerging Markets index jumped again (+1.9%). Asian markets were buoyant more broadly, following a steady session on Wall Street overnig...

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

Online booze business Digital Wine Ventures (DW8) is getting ready to raise extra capital and announce a new acquisition The company placed its shares in a trading halt on Wednesday morning, pending the release of a fundraise and acquisiti...

The Digital Wine Ventures Ltd (ASX: DW8) share price is in the freezer in preparation for a major acquisition and capital raise. The company is expected to announce news of its latest addition and equity boost sometime between now and Frid...

Digital Wine Ventures is acquiring local wholesale beverage digital marketplace Kaddy for $34.25 million.

ASX investors who took a bet on meme stocks experienced vastly differing returns but which stock they chose wasn’t the only factor determining how they went. Research by Openmarkets group covering 11 “ASX meme stocks” found that investors o...

The Digital Wine Ventures Ltd (ASX: DW8) share price spent most of today in the red, despite no news having been released by the company. However, it did announce its earnings for financial year 2021 (FY21) yesterday. Luckily, the wine dis...

Digital Wine Ventures' (ASX: DW8) fast-growing distributor WINEDEPOT racked up 20 per cent volume growth between March and July, but CEO Dean Taylor is thirsty for further growth as the company adds a 9,000-square-metre warehouse in Adelaid...

The Digital Wine Ventures Ltd (ASX: DW8) share price is flying more than 8% higher in today’s trading session. Shares in the online beverage supplier have been buoyant after the company released a market update earlier today. Let’s take a...

Online beverage merchant Digital Wine Ventures (ASX: DW8) has completed the acquisition of Parton Wine Distribution, providing it with a significant lift across the key performance metrics for its cornerstone WineDepot business. In July, Di...

Sports and hospitality software provider MSL Solutions (ASX:MSL) leads the ASX tech stocks today, up 12.5% off the back of its June quarterly. The company basically helps stadium operators manage workforces and see analytics in real time an...

The Digital Wine Ventures Ltd (ASX: DW8) share price is starting the week off in the red. This comes after the wine-focused technology investment company announced a trading update for the fourth quarter of FY2021. Digital Wine shares sank...

Beverage supplier Digital Wine Ventures (ASX: DW8) has reported new shipment records and further growth in revenues for online platform WineDepot during the final three months of the 2021 financial year. The June quarter saw WineDepot ship...

Digital Wine Ventures (ASX: DW8) has entered into a binding agreement to purchase 100 per cent of Parton Wine Distribution, one of Australia's largest specialty wine and beverage logistics providers. The acquisition was made through DW8's...

The Treasury Wine Estates Ltd (ASX: TWE) share price has gotten off to a flyer in 2021. While the S&P/ASX 200 Index (ASX: XJO) has gained 9.1%, Treasury Wines has soared 24.4% higher this year. So, what’s helping the Aussie wine busine...

The Digital Wine Ventures Ltd (ASX: DW8) share price has dumped more than 14% after emerging from a trading halt. Shares in the company were placed in a halt late last week, having last traded at 9.1 cents. After being reinstated to the ma...

Digital Wine Ventures (ASX: DW8) has entered an agreement to acquire one of Australia’s largest specialist wine and beverage logistics service providers, Parton Wine Group. Parton is a 14-year-old business with warehousing operations in Syd...

After starting the day in negative territory, the Australian bourse recovered to finish higher. The ASX 200 closed 0.17 per cent up, at 7,348 points while the ASX Emerging Companies Index closed 0.71 per cent up at 2,203. Most sectors were...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. We are at the point in the capital raising cycle where pricing power has come back to investors. Companies are lowering their pricing expectations to the bottom of tec...

The ASX 200 index closed near its lows Thursday, falling by 0.39% on lower-than-normal volume. Nine out of 11 sectors were lower, led by Health Care, which lost 1.44%. The Materials sector – which includes chemicals and plastics, constructi...

The S&P/ASX 200 Index (ASX: XJO) is having a bit of a topsy-turvy time during trading today. At the time of writing, the ASX 200 is down 0.18% to 7,341 points after playing jump rope with the break-even line all day so far. But the Dig...

ASX-listed wine investment group, Digital Wine Ventures, is set to acquire specialist wine warehousing and logistics busines Parton Wine Distribution. 

Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%. -The ASX200 climbed 2.3% during June and the FY21 total return was 27.8%-In June Technology wa...

Shares in Digital Wine Ventures Ltd (ASX: DW8) fell an additional 10% yesterday despite no news or announcements from the company. It seems some of the excitement towards the Digital Wine has faded recently. Shares are down 35% over the pas...

The S&P/ASX200 closed lower Wednesday, dropping 22.40 points or 0.31% to 7270.20 after setting a new 100-day high. Over the last five days, the index has gained 0.73% and is currently 0.88% off of its 52-week high. Sectors ended mixed...

Summary The ASX 200 closed 22.40 points or 0.31% lower at 7,270.20, after setting a new 100-day high. Building products manufacturer Brickworks emerged as the top gainer on the ASX with 11.32% gain. The consumer staples sector emerged...

The Digital Wine Ventures Ltd (ASX: DW8) share price is rocketing today. At the time of writing, shares in the online alcoholic drink vendor are selling for 9.9 cents apiece, up 6.45%, after opening at a high of 10.5 cents each. By compari...

Escrow Watch is Stockhead’s monthly recap of the ASX companies that are releasing shares currently in escrow (also known as restricted securities) over the coming weeks. ASX shares in escrow are “locked away” and not listed on the bourse so...

The ASX fell nearly 2 per cent in a broader equity market sell off. The ASX 200 closed at 6,932, which was 1.9 per cent lower than yesterday although the ASX Emerging Companies Index only fell 0.58 per cent, closing at 2,085 points. Every s...

Summary Zip Co is one of the beneficiaries of the federal budget’s AU$1.2 billion cash splash towards the country’s digital economy. The surging commodity prices is making FMG an attractive proposition. Digital Wine Ventures’ share pr...

The Digital Wine Ventures Ltd (ASX: DW8) share price has fallen another 11.43% this morning despite releasing a positive trading update to the market yesterday. After reaching highs of 21 cents per share last month, Digital Wine’s valuation...