Agreed to disagree. My general rule of thumb is if a company releases results and the share price isn’t heading in the right direction, it means investors either don’t see the value or have concerns, leading them to offload and invest elsewhere. Conversely, if the share price rises after the results, it indicates that people see the value and want to load up.
I want to stress that DTL is a good company, but it seems some people might think otherwise, at least in the short term. I’m sure DTL will probably head higher in the long run. But for me, there are just better opportunities out there.
All the best
Ann: Trading Update, page-27
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Last
$8.27 |
Change
-0.910(9.91%) |
Mkt cap ! $1.279B | |||
| Open | High | Low | Value | Volume |
| $8.92 | $8.92 | $8.24 | $13.37M | 1.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $8.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.31 | 6158 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| DTL (ASX) Chart |