They give a reason, but never quantify it. Did inventories increase by $1 or a $1,000,000? As shareholders we have no idea what these figures are which makes it impossible to assess their cash management and at what level of sales they are likely to become profitable. DRO may have it's own reasons for doing this (which is fine), but if they do the market is certain to value the stock conservatively. To be honest I can accept that in itself, though it becomes much harder to accept when it is combined with 5 year forecasts that are manipulative since it raises the question of what else are they manipulating and what is the real reason they are providing so little data?
- Forums
- ASX - By Stock
- DRO
- Ann: July 2023 Investor Presentation
Ann: July 2023 Investor Presentation, page-52
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.40 |
Change
-0.090(6.04%) |
Mkt cap ! $1.067B |
Open | High | Low | Value | Volume |
$1.51 | $1.51 | $1.36 | $35.85M | 25.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 139470 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 14 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 119470 | 1.400 |
3 | 19261 | 1.395 |
8 | 341637 | 1.390 |
6 | 30914 | 1.385 |
13 | 42948 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 14 | 1 |
1.415 | 12413 | 2 |
1.420 | 115259 | 5 |
1.425 | 78674 | 4 |
1.430 | 54000 | 4 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |