Post raise there is predictable oversupply of shares, likely from sophos cashing out at a tiny margin but with a large capital investment. Probably takes them a few weeks to sell out without dumping price for a couple hundred grand almost instant profit.
As LTH we have similar returns though over a longer period and a much lower average so it’s all profit to us, question is how many of us would cash out knowing where we are now? Not many with a view to profit anyway.
There has been few ASX small caps like DRO, in my time buying many successful companies this is my absolute favourite with an unbelievable equinox of events all cumulating at the same time. It’s a winner for us already and won’t disappoint, these drones are just too cheap and effective for governments to hide.
- Forums
- ASX - By Stock
- Ann: $70m Fully Underwritten Placement and up to $5m SPP
Post raise there is predictable oversupply of shares, likely...
- There are more pages in this discussion • 71 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
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $584.6M |
Open | High | Low | Value | Volume |
82.0¢ | 83.5¢ | 80.5¢ | $5.333M | 6.520M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 20352 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 206000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4971 | 0.830 |
4 | 256895 | 0.825 |
4 | 263670 | 0.820 |
4 | 73436 | 0.815 |
10 | 434037 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 176000 | 2 |
0.840 | 43925 | 7 |
0.845 | 223122 | 5 |
0.850 | 129309 | 6 |
0.855 | 56000 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
83.0¢ |
  |
Change
0.020 ( 2.48 %) |
|||
Open | High | Low | Volume | ||
81.5¢ | 83.3¢ | 80.8¢ | 1879991 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
DRO (ASX) Chart |