The price already did come down to 80c. In fact, it went down to 78c and hovered between 0.78-0.82c for an entire week (after the trading halt for the SPP).
It's rebounded since then, so do I see it going back down to 0.80 for the sake of it? I doubt the Instos would allow it to get that low. What determines the SP now is material announcements, Quarterly results etc.
It could hover between 0.85-1.05 until the next announcement, due to global market sentiment, daily swings etc. However, this is all just a guess. Could fly past $1 in anticipation to the lead up to the next Quarterly results.
- Forums
- ASX - By Stock
- DRO
- Capital Raise Stocks on the open market
Capital Raise Stocks on the open market, page-3
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.16 |
Change
-0.055(4.53%) |
Mkt cap ! $1.011B |
Open | High | Low | Value | Volume |
$1.22 | $1.25 | $1.15 | $14.02M | 11.79M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 29871 | $1.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.17 | 19080 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 28871 | 1.155 |
18 | 110006 | 1.150 |
12 | 192528 | 1.145 |
18 | 361645 | 1.140 |
10 | 81619 | 1.135 |
Price($) | Vol. | No. |
---|---|---|
1.165 | 19080 | 5 |
1.170 | 16451 | 2 |
1.175 | 19200 | 2 |
1.180 | 104501 | 3 |
1.185 | 54000 | 1 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online