Dragon has just announced a $35 million expansion program over the next 20 months. There goes the chance of any share buybacks me thinks (well at least in the short term).
With this sort of capital expenditure, I think DRA will come under a little more selling pressure.
expansion program
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Last
$1.85 |
Change
-0.025(1.33%) |
Mkt cap ! $102.5M | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.85 | $1.85 | $24.92K | 13.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 1999 | 1 |
View Market Depth
| Last trade - 10.39am 24/06/2024 (20 minute delay) ? |
| DRA (ASX) Chart |