I wonder though... Due to the fact that the capital raising event was behind the drop (the dilution) and not necessarily the entire market (at this point anyway) then the dip could be temporary. However, as others have pointed out, it still could continue to fall when the rest of the market does.
One positive sign is that they managed to fill their entire capital requirements using only institutional investors and the average shareholder didn't get a peek. That must say something about faith in the company.
I suppose we'll know on Monday. I'll try not to forget that I bought it this time
- Forums
- ASX - By Stock
- DRO
- Ann: Successful Completion of $120m Underwritten Placement
Ann: Successful Completion of $120m Underwritten Placement, page-161
-
- There are more pages in this discussion • 79 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
$1.22 |
Change
-0.035(2.80%) |
Mkt cap ! $1.059B |
Open | High | Low | Value | Volume |
$1.25 | $1.28 | $1.22 | $15.76M | 12.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 150913 | $1.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 50500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 132414 | 1.215 |
27 | 176863 | 1.210 |
11 | 88651 | 1.205 |
77 | 406049 | 1.200 |
9 | 58645 | 1.195 |
Price($) | Vol. | No. |
---|---|---|
1.220 | 50000 | 1 |
1.225 | 9150 | 2 |
1.230 | 11000 | 2 |
1.235 | 53097 | 2 |
1.240 | 10000 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |