The RFF short report was a few years back. Just google it. it damaged the SP but it recovered as most do. LKE short report did a fair bit of damage but was warranted!
short reports are done for one reason and one reason only - to profit on people's fears, looking at the projected earnings of droneshield it looks like a fantastic stock, but yes it is overvalued, but the valuation is looking forward as is the case with most shares they value a share at far more than it's worth because the sentiment is positive, and they see good future earnings. I see short term share price decline but quick recovery
Droneshield Chads!, page-63
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Last
$2.02 |
Change
-0.580(22.3%) |
Mkt cap ! $1.540B | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.72 | $1.79 | $124.0M | 57.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14085 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 1000 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |