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Ann: Annual General Meeting Presentation, page-23

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strangelogic

3,002 Posts.

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20/11/20

11:44

Post #: 49016301
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Originally posted by Dar1985: ↑

I think those numbers are well expected ahead ~35% growth + VLT contribution for FY21 (Jun21), and it looks like that DTC knew the order book one year ahead. I don't think that market is expecting more, but rather that there are just too much short term retail investors and not enough institution investors to maintain order, and people just don't invest for value rather they trade on momentum, and Regal's sell down (although 1%) on thin volume doesn't help. but it's good to see SP held up at this price, while the sellers back off when the big bid appears on the book waiting around 1.65.

To me either (1) too much short term traders, (2) or the sellers are not that genuine otherwise they would be throw at that 150,000 bid volume.

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If Regal is involved and has sold down then expect shorting at some point....

I will hold for now and see if there is more tree-shaking.

DTC Price at posting: $1.70 Sentiment: Hold Disclosure: Held
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