DRO 7.34% $2.34 droneshield limited

DRO - Chart and TA., page-1413

  1. 179 Posts.
    lightbulb Created with Sketch. 23
    Thank you for your interesting charts.
    I watch with interest and read most sensible comments on the DRO threads.
    Reluctant to come out of the shadow, but couldn't resist any longer to say G'day.

    Read through the origin prospectus when they floated at 0.20 cents. (Didn't participate)
    Watched from afar, until 11/09/2020, when I decided it might be time to get on board. Started accumulating some small packages when
    opportunity presented and then unfortunately had to reduce my holding by half on the 15/06/22. (Just needed some cash to fix a short term problem
    and fully intended to buy back, before it took off.) My discipline slightly failed me, but managed to get most back at around 0.30 cents.
    Needed 10,000 more when they capital raised at 0.80. I was reluctant to add more money to my over weight holding, but I thought with this amount of money flowing in, people are fairly confident of further upside. (So sick of Pump and Dump stuff)
    Seen so much Bullsh..t talk and corrupt directors. (ASX;PET) comes to mind.
    Participated in SSP, but should have bought on market, ended up 4,005 shares short of my original accumulation.

    This seems like serious players taking a sustained long term accumulation view. We all know there will be corrections along the way,
    but the buyers have been relentless recently. I think a lot of holders sold there tickets, looking to buy back on correction, may still have the opportunity,
    although the higher it goes, it might not come back low enough for them.

    I am holding at this stage, thinking there is to much, short/medium upside in this space.

    Don't have a good record though, apart for reading the tea leaves correctly with (FMG)

    Oke, how do you view this chart and buying frenzy? I find it very unusual, but know nothing about the real art of charting.

    I find with DRO, on a very broad chart over the last 5 years, there is a nice upward trend, even before this big break out.

    Dry Cow

 
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Last
$2.34
Change
0.160(7.34%)
Mkt cap ! $1.784B
Open High Low Value Volume
$2.21 $2.35 $2.15 $48.00M 21.22M

Buyers (Bids)

No. Vol. Price($)
3 3150 $2.33
 

Sellers (Offers)

Price($) Vol. No.
$2.34 25989 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
DRO (ASX) Chart
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