There's no reason DRO wouldn't handle COVID well.
I mean, how do you decrease sales from zero to a lower number during a pandemic?
The company lost over $7 million last year. Couple this with Oleg getting paid $1.1 million dollars himself and it becomes a somewhat difficult pill to swallow, for investors to stump up more cash, yet again, especially after being lied to.
And whilst the profits of companies on the ASX might have well been hammered, they were previously making a profit. Not something DRO is familiar with.
DRO is not a company affected by COVID; they even said so themselves.
Covid-19 and DRO, page-3
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85.0¢ |
Change
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Mkt cap ! $741.2M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 87.0¢ | 79.5¢ | $15.83M | 18.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62969 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 36700 | 3 |
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| DRO (ASX) Chart |