DMP 1.60% $36.32 domino's pizza enterprises limited

AFR: dominos-could-face-profit-hit, page-123

  1. 23,919 Posts.
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    Just their next series, the last 3 were stopped out

    Reason we follow them is because the in-built stops are relevant

    You often see it up 3% already, then coincentally touch a warrant stop, then motor further as they close them out - the stops are always hunted

    I reckon it is BS the same group can offer warrants and trade in the security, as they have knowledge of how many on issue, where stops are and can manipulate the market accordingly etc

    Last time they closed out something like 8,000 warrants, got a woeful price in doing it and it finished well below the in built stop anyway

    So it pays to know where the stops are on them, whether you hold the warrant or not IMO
 
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