DCG 0.00% 29.8¢ decmil group limited

Stock price, page-25

  1. 601 Posts.
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    I first heard of Decmil as a re-opening trade in a fund manager (Collins Street) presentation (see here). In Hotcopper, I was surprised by the lack of any discussion about this stock: so thanks for initiating this, fokmaster.

    Euroz seems to be the only broker covering this with a target of 1$:
    https://hotcopper.com.au/data/attachments/3115/3115916-a798998a63542f6d3ae0f203e64217f1.jpg
    Yet, it is the behavior that concerns me. The Euroz has been dumping pretty much since publishing this report:
    https://hotcopper.com.au/data/attachments/3115/3115923-30439a37497966b91008456f7361fcb8.jpg


    And this contrasts sharply with what Euroz has been doing in Jan-Feb:


    https://hotcopper.com.au/data/attachments/3115/3115925-5610f9575124882424eec0c67bb85df4.jpg


    So something may have changed for Euroz to go from "only" buying in Jan-Feb to "only" selling in March-April. I don't know what: maybe you have some insights. I will keep a tiny portion in my portfolio anyway to accumulate when the real opportunity comes along (I don't thing it will be in the next few months).
 
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