If its scaled back i'd expect those holder who sold to buy back some on market to get back to their original holding amount. Provided the SP hasnt moved too much from their sale price. If we're oversubscribed i think we have upside of 15-20% in the short-term hence expect we could open at 40-44c tomorrow as holders desperately try to get back to their original holding size.
If we're not scaled back and DRO choose to raise $15m from investors then i'd expect some pull-back in SP
If we're not scaled back and DRO raise $3-6m then i'd expect us to remain flat with perhaps something around a 10% initial upside.
I have no real basis for such assumptions - but predictions are fun to make and if you get them right often enough you can build a nice fortune.
I think we do run a risk of seeing some people taking profits as we had a significant growth in eyes here and some investors may be far more short-term than our historical norm.
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$1.33 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 11535 | $1.33 |
Sellers (Offers)
Price($) | Vol. | No. |
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20 | 59644 | 1.320 |
6 | 46747 | 1.315 |
7 | 70704 | 1.310 |
8 | 528666 | 1.305 |
Price($) | Vol. | No. |
---|---|---|
1.330 | 2691 | 7 |
1.335 | 46836 | 11 |
1.340 | 95472 | 9 |
1.345 | 188006 | 8 |
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