DHG
Click for more information
0.00% $3.15 domain holdings australia limited.

The reason its risen today is the expectations were very low....

  1. spoked
    594 Posts.
    lightbulb Created with Sketch. 104
    clock Created with Sketch.
    15/02/19
    14:24
    Post #: 37450591
    The reason its risen today is the expectations were very low. Forecasts from Bell potter projected NPAT at 21m, it came it at 21m. However there is no reason for it to be up 20% in my opinion other than short term traders who were expected worse and were forced to cover. 

    Decent selling opportunity on this spike for a very average report in my opinion. 

    See the following from Bell potter and the DHG announcement. Came in at expectation yet its up 20%? Short covering rally which will fizzle out . 
    https://hotcopper.com.au/data/attachments/1439/1439879-88894232d9dfdb0ce83e339bf616d313.jpg
    https://hotcopper.com.au/data/attachments/1439/1439881-34bcd31d5bf42e1027671d56ba95fc96.jpg
    DHG Price at posting: $2.56 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS $140,000 in grant funding has been secured for drilling at Golden Ridge, with preparations underway for two exciting prospects
right-arrow Created with Sketch.
NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
right-arrow Created with Sketch.
NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
right-arrow Created with Sketch.
NEWS High-grade manganese found at the W2 prospect in Wandanya
right-arrow Created with Sketch.
RDN Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS New drilling at the Rogozna Project delivers a standout intercept, highlighting significant resource expansion potential
right-arrow Created with Sketch.
watchlist Created with Sketch. Add DHG (ASX) to my watchlist
(20min delay)
Last
$3.15 		Change
0.000(0.00%) 		Mkt cap ! $1.989B
Open High Low Value Volume
$3.16 $3.20 $3.14 $4.853M 1.535M

Buyers (Bids)

No. Vol. Price($)
1 7 $3.15
 

Sellers (Offers)

Price($) Vol. No.
$3.16 14154 2
View Market Depth
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
DHG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.