That’s great news if it’s true. It will be an all weather stock.
From DSK’s prospectus they list one of the main risks as being a long lockdown period as what occurred in Melbourne.
The good news for DSK is I think only 25% of stores are in NSW and Gladys’ lockdown has hardly been a lockdown.
We also need to keep in mind the second half of the financial year is the weakest for DSK.
Anyway I’m not suggesting it’s a long term problem with the company all retail has to cope with the lock downs once they’re over the company will bounce back.
Why has DSK dropped to $3.50?, page-22
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Last
94.0¢ |
Change
0.095(11.2%) |
Mkt cap ! $58.53M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 94.0¢ | 84.5¢ | $83.94K | 96.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2312 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 17500 | 3 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DSK (ASX) Chart |