The market is a little more cool headed than the HotCopper crew. The sales growth looks amazing so far, but DRO is a little company that has never turned a profit.
The market won't get too excited until it is clear that the company is profitable and growing. Also, many large investors will ignore it because they cannot get a meaningful number of shares (for them) without owning half the company.
I like your approach of waiting and looking for an entry point below 30c. The market as a whole seems to be looking weak. As you also point out, a positive announcement could also drive the share price before you get that chance. I am in at the moment, because DRO it is close to reporting and sometimes companies include announcements with their reports. Though, sometimes they go south too.
Good luck with whatever you choose!
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Mkt cap ! $1.059B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 666 | $1.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 666 | 1.500 |
1 | 2941 | 1.450 |
1 | 2500 | 1.420 |
4 | 2513 | 1.400 |
1 | 250 | 1.395 |
Price($) | Vol. | No. |
---|---|---|
1.190 | 10000 | 1 |
1.215 | 10000 | 1 |
1.250 | 3000 | 1 |
1.300 | 3221 | 2 |
1.315 | 1000 | 1 |
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