yes this would seem totally rational if you didnt know that just around the corner the shares would be worth 5 - 10 times what they are now....and if anyone knows that...its DM.
Just tells me there is a long way to go yet. If you view this with a frame of another 2 to 3 years, this is a completely reasonable and sensible accumulation strategy.
If you truly believed you could be bought for billions any week now, or within 6 to 12 month then it doesnt seem so rational.
Ann: Change of Director's Interest, page-22
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Last
7.9¢ |
Change
-0.002(2.47%) |
Mkt cap ! $139.3M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.9¢ | $122.7K | 1.549M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75840 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 6410 | 1 |
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| Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 8.0¢ | 7.8¢ | 1110385 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| 4DS (ASX) Chart |