DRO averaging less than 100 total trades a day. Can assume almost all of those are day traders, so what I think is most shareholders now are either sitting on parcel’s of 30c either from spp or top ups and so, don’t want to sell. And the trades are so few the day traders are also finding it difficult to make larger movements.
Good time to accumulate, DRO is still in infancy and only recently found it’s true space in the market.
And, we’re at roughly 20 mil revenue already for 2023 FY, after reviewing their sales and reports. Now heading into May cashed up we will see the rewards very soon. Once daily trades go from 100 to a thousand the stock will explode, just needs to keep doing what it’s doing, and I suspect it will exceed that.
Ann: CEO 2023 AGM Presentation, page-5
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Last
$1.09 |
Change
0.075(7.39%) |
Mkt cap ! $950.5M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.02 | $22.75M | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25001 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 108609 | 10 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |