I would be surprised if DRO drops more than a few cents below the SPP if at all, I viewing the share price behavior as similar to EOS except that DRO is in a better position with I hope up coming contracts and ones already signed.
20/03/24 EOS closed @ $2.08
SPP announcement @ $1.70
25/03/24 EOS closed @ $1.71
08/04/24 EOS dropped to its lowest price of $1.545.
20/04/24 the big US spend was announced
20/04/24 EOS has risen from $1.68 to now $1.79 (27/04/24).
So with the announcement from the US and the way that EOS has behaved I would say DRO is pretty good value @ around the 80cents mark and will soon see it back over the dollar.
Run your own race
- Forums
- ASX - By Stock
- DRO
- Ann: $70m Fully Underwritten Placement and up to $5m SPP
Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-491
-
- There are more pages in this discussion • 59 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
|
|||||
Last
$1.33 |
Change
0.090(7.29%) |
Mkt cap ! $1.155B |
Open | High | Low | Value | Volume |
$1.26 | $1.39 | $1.26 | $65.51M | 49.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 321150 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.310 |
1 | 3831 | 1.305 |
8 | 149336 | 1.300 |
3 | 102934 | 1.295 |
1 | 30000 | 1.290 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 7092 | 1 |
1.330 | 3500 | 1 |
1.335 | 14788 | 3 |
1.340 | 44748 | 4 |
1.345 | 63129 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online