Absolutely, it’s all a guessing game. I mentioned in a previous response that, in the end, no one really knows what will happen. I try to present balanced views in my posts, which is why I also included a worst-case scenario in one of my points.
However, I still believe that if an announcement is made, the typical market reaction will be to jump back in and drive the share price wherever it wants to go. There are so few stocks in the ASX that drum up exciting. This is a double-edged sword though, as it can causes SP prices to rise and fall extremely quickly.
But ultimately, the only things that will definitively push the share price higher are a strong contract announcement or outstanding Q3 results. We can bank on that, but it’s up to management to execute and deliver.
- Forums
- ASX - By Stock
- DRO
- The Bear Room
The Bear Room, page-317
-
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.02 |
Change
-0.025(2.40%) |
Mkt cap ! $885.1M |
Open | High | Low | Value | Volume |
$1.06 | $1.07 | $1.00 | $15.74M | 15.40M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 68884 | $1.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.02 | 158057 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 68884 | 1.015 |
9 | 197974 | 1.010 |
24 | 170530 | 1.005 |
144 | 484709 | 1.000 |
12 | 237909 | 0.995 |
Price($) | Vol. | No. |
---|---|---|
1.020 | 158057 | 9 |
1.025 | 2000 | 1 |
1.030 | 133572 | 9 |
1.035 | 108810 | 4 |
1.040 | 123910 | 5 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online