i sold out today. While i still very much like the long term prospects of DMM, i don't see it going anywhere in the short term.
It looks like they have a fair bit more drilling to do before we see any results and even then DMM isn't know for consistency in announcing things when they say they're going too.
I also can't reasonably explain what has been holding it at 30 cents this last month or so.
I will look for a lower entry point in the not too distant future.
Another consideration was the general market looking EXTREMELY overbought. I am expecting a decent pull back, and when that happens money from the spec stocks will disappear.
- Forums
- ASX - By Stock
- DMM
- Ann: A$ 4 million Placement Completed
Ann: A$ 4 million Placement Completed , page-6
-
- There are more pages in this discussion • 1 more message 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 DMM (ASX) to my watchlist
|
|||||
Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.688M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DMM (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online