Gotta read mate. I did now own DRO yesterday. It doesn't meet my requirements for my long-term portfolio (a company I could buy and then not look at for the next 5-10 years and sill feel confident, good cash flow, management that I trust).
So instead I look to scalp DRO. I did not own DRO. I saw the announcement and immediately bought at 14.5c and got out at a profit and now I do not own DRO. If I had to keep DRO for 5 years at 14.5c I would not have made the trade. I will probably do the same at some point in the future. a quick scalp. In fact it is what most traders are trying to do on these high volume days. probably 80-95% penny flippers and momentum traders with a few medium to long-term holders mixed in.
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Last
$1.09 |
Change
0.075(7.39%) |
Mkt cap ! $950.5M |
Open | High | Low | Value | Volume |
$1.08 | $1.09 | $1.02 | $22.75M | 21.58M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25001 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 108609 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25001 | 1.085 |
3 | 123500 | 1.080 |
3 | 48790 | 1.075 |
9 | 80739 | 1.070 |
3 | 207000 | 1.065 |
Price($) | Vol. | No. |
---|---|---|
1.090 | 83609 | 7 |
1.095 | 67770 | 5 |
1.100 | 79876 | 14 |
1.105 | 53000 | 2 |
1.110 | 33000 | 4 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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DRO (ASX) Chart |