the brokers especially those worms at Goldman Sachs are getting their own back, as all of them had DOW as a buy and most targets were in the $9.00 region.
Now they on a witchhunt, rightly or wrongly, and they will drive DOW down for their own gain.
DOW as stated over and over that they don't need to raise equity for Reliance Rail and that they don't need equity at the moment or in the foreseeable future.
Either they out and out telling untruths or they are quite happy to wear the risk of class action based on what they are telling the market is incorrect.
As for the brokers, no matter what DOW says or does, or what new contracts are delivered, nothing will be good enough and nothing will be positive enough.
interesting, page-8
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Last
$4.79 |
Change
0.020(0.42%) |
Mkt cap ! $3.216B | |||
| Open | High | Low | Value | Volume |
| $4.74 | $4.81 | $4.72 | $4.146M | 867.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4106 | $4.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.79 | 2909 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| DOW (ASX) Chart |