DXB has become extremely volatile since licence agreement news on 05 October, and holding or investing in this share are not for faint hearted as +25% upside or down side in a week is quite normal. Some profit taking and option exercising is happening in the background, however the volumes of shares traded today has decline significantly .
Until the new licencing news comes out for a new suit of countries or a region it could be anyone guess where and how SP will travel. It has already declined 40% from recent high so I believe it should find it bottom soon. At the end of this year, appreciation in share price is inevitable. LT holders should not be worried, however if you got this shares recently like me ($0.098), declining SP does not feel good
Ann: Application for quotation of securities - DXB, page-33
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.7M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 41.0¢ | 38.5¢ | $1.104M | 2.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5501 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 7500 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| DXB (ASX) Chart |