It's multi faceted IMO.
Liquidity is a function of lack of free float plus lack of coverage. The fact there is only one small boutique research house that covers them says a lot.
Having said that, you will note DDR has been historically a very stable performer SP and hasn't had the sharp gyrations of other stocks due largely to the fact is predominantly owned by management and a stable retail base.
I think a CR for the property purchase would he a great idea, but perhaps at a higher price of 180-190 . In the medium term it's not needed as they intend to sell existing facility for around 25m but it may be a good option to add another 10m shares of liquidity
The only thing about the liquidity is it probably prevents a lot of instos from buying , but I also love the idea the guys running the show are so aligned to us and shareholders - 95% of the time , it makes for wiser decisions for the benefit of all . David doesn't even take a salary does he .. How good is that
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It's multi faceted IMO. Liquidity is a function of lack of free...
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Last
$8.95 |
Change
-0.340(3.66%) |
Mkt cap ! $1.633B |
Open | High | Low | Value | Volume |
$9.19 | $9.25 | $8.93 | $2.212M | 244.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 6370 | $8.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.97 | 831 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 430 | 8.980 |
5 | 821 | 8.970 |
4 | 1427 | 8.960 |
7 | 3265 | 8.950 |
4 | 1413 | 8.940 |
Price($) | Vol. | No. |
---|---|---|
8.990 | 1344 | 13 |
9.000 | 2248 | 6 |
9.010 | 2491 | 5 |
9.020 | 403 | 2 |
9.030 | 1406 | 3 |
Last trade - 15.32pm 04/09/2024 (20 minute delay) ? |
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DDR (ASX) Chart |