Well I did buy at 93.5c and jagged a minute amount at 91.5c! Don't know whether I have reacted to the slow, juicy sucker ball or not! Will have a second or third glass of wine at happy hour to see if things look any rosier!
If ever any company needs to have clean shoes, classy Italian suit and and a brilliant pitch at D&D its DRM. Presently they look like ill-dressed lepers! A Pauline Hanson "Please explain the Monday (todays) market" is overdue. Then again if HHL got in because DRM is a low cost producer, maybe todays reaction is a violent reprisal.
Something is "strange" re the ASIC. The preso for the Mar quarter showed the ytd ASIC at $1,136. Then at year end it is $1,290! June quarter was a shocker and I'm not sure the company has adequately dealt with the matter and specifically, the ramifications going forward!
DRM Price at posting:
92.0¢ Sentiment: Hold Disclosure: Held
