Im sorry but hopefully your not a gaslighter?
I never said anything about predicting the future, technology, contracts or trends from a chart (you did?), you said a take over only happens when the share price goes up!
I said look go and have a look at the DRO chart for the last 12 months…..it’s gone up in a straight line.
No chart predicts the future! It only shows the past!
However if you think takeovers don’t occur when shares are cheap your kidding yourself…there are many opportunistic takeover moves have been made when prices are low.
When things don’t make sense they often make sense later,
JMT there is just over 72m reasons today why a takeover may happen, then on the flip side it may not?
However ,IMO the ASX explanation today gave nobody any reason for todays trading, beside those speculating on HC of profit takers, shorters, brokers, day traders, articles, speculation etc …so why can’t I have my own opinion, shake the tree for low hanging fruit for a low ball opportunistic takeover?
JMT There is 72 + million reasons why it is possible/not possible today?
Maybe looking into my crystal ball if a significant share holder notice was to magically appear then it may/may not change peoples perception.
Good luck to all long term holders of DRO.
cheers Aussie
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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. |
---|---|---|
$2.03 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4089 | 2.020 |
7 | 18705 | 2.000 |
3 | 7512 | 1.995 |
7 | 313787 | 1.990 |
5 | 14846 | 1.985 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 1000 | 1 |
2.040 | 22320 | 3 |
2.050 | 8100 | 3 |
2.060 | 36000 | 2 |
2.070 | 100 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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DRO (ASX) Chart |