Smart thinking. I agree.
Just my opinion but to me the pattern looks like last year. Dro had no announcements and many people were selling.
Then all of a sudden DRO has 4 annoucements in one week. Then at the end of it they raised money.
While not impossible it is uncanny that they get one piece of news a day each time when shareholders are upset and they need money. Are there more announcements coming? I don't think 30m shares traded yesterday because of one 200k contract. I wouldn't be surprised if Bergen or another party close to management re-enters either buying shares on open market and then selling them or through a raise. I guess we will see though.
Ann: Order from European Ministry of Defence, page-10
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.18 |
Change
-0.055(4.45%) |
Mkt cap ! $1.029B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.17 | $14.94M | 12.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30300 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 36921 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |