"The DCGPAs are up there today, 0 trades. Looks like buy and sell offers at 19c and 23.5c respectively. I can see precisely zero offers at or above the offer price of 20c.
Obviously the legacy stock and preference shares have their own respective opportunities and risks but the earlier commentary that there's only one way to play any potential recovery in DCG was clearly nonsense."
What is clearly nonsense is thinking that a representative market in a newly minted security - especially one which overwhelmingly ended up in the hands of the underwriters - is able to form within just a few hours of trading.
Check in 12 months' time to see which was the better way to play DCG.
.
Ann: Decmil Investor Presentation - RCPS, page-33
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 (20min delay)
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Last
29.3¢ |
Change
0.003(0.86%) |
Mkt cap ! $45.50M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.3¢ | $237.3K | 804.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2824277 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 1378226 | 7 |
View Market Depth
| Last trade - 14.28pm 26/06/2024 (20 minute delay) ? |
| DCG (ASX) Chart |