Ann: 2016 Full Year Results Summary and Investor Update-DRM.AX, page-122

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Barolobill

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13/09/16

12:46

Post #: 19119446
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Originally posted by RhysT ↑

I think there was a lot of dissillution for many holders here who had bought in (me included) to the positive and 'fluffy' updates leading towards the upper SP, and then having to bring a lot of those expectations back down very fast as we started to see less than positive reports on Deflector, less then expected or predicted (by most) financials/costs and recovery,,,, and lets face it,, the share price getting demolished in less than 2 months..
Even with a few rallies to keep up hope, is has fallen like a stone, so you can understand a lot of people just wanting out at this point until signs of recovery are clear..
For those who have gone through the pain of the last Month and originally had much higher expectations, I would only like to add that there will be many investors that weren't holding through that time, and this is about the time (I feel), that they will be circling Doray with an eye on the considerable value at this price with eyes on the future..
Negatives factored in, I think this will be a very attractive time for new or early sellers to get in for the future.
Rising buy volumes close to market value is telling me we have reached that line of sentiment between risk/fear vs future reward...

My personal sentiment is changing to buy as of today..
I am not wanting to influence anyone, just offering my thoughts..
Good luck to all holders, non holders, observer, and sundries..

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I went a bit early a few weeks back to test the waters (in at 0.78, out at 0.735), this seems to be the proper capitulation/reversal i was looking for, so back in with double the holding at 0.63c. Selloff looks over done, and chart looks like a proper reversal setup.

DRM Price at posting: 64.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: 2016 Full Year Results Summary and Investor Update-DRM.AX, page-122

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