Of course but if you got burnt from that CR you would be looking at the 1st chance of exit if you had not already take a loss
In that case you wouldnt be looking to get back in now even with the positive operations ANN that bridge is burnt.
unlike 88E which is a rubbish company but has a listing in the UK we are primally hoping Australian retail buy our stock. Without the big firm investors that is a pretty 'small pool' of money. Not to mention a large portion of ASX investors are only investing in the top 50 or so companies. It doesn't leave alot of people to buy the stock. Most of the retail money is SMFS and self funded retires thus they focus on dividend or stable growth. No one with brains is putting there super in a penny stock.
DP f**ked up big time not with the CR it was needed to get Rangers but with the generosity of it. For burnt investors I dare say there is no coming back from that.
I think the company will come good but it will take a year or two to win back confidence
my holding isn't very large so it doesn't phase me but it is my opinion DP made a big mistake and we will continue paying for it
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Mkt cap ! $57.27M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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38 | 38202199 | 0.011 |
14 | 17682918 | 0.010 |
10 | 5820014 | 0.009 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
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0.014 | 20994930 | 15 |
0.015 | 4829382 | 11 |
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