Thanks gsouthen
I think you have identified the cause.
Share tips from newsletters with a good track record of success move small caps significantly.
- especially when it is a free tip given to all comers to the webinar.
Add to it the on flow of momentum traders who then pile in, technical money flow buy signals triggering etc.
Robin Hood effect Australian style comes to DRO.
Lets hope they got it right - they usually do.
I reckon today's action is going to cost us all a much bigger scale back on the SPP.
A lot of extra BPaid $s would have been flowing into the SPP this afternoon. It closed 5pm today.
DRO SPP will be even more oversubscribed.
What a co-incidence.
A market moving tip released to all comers on the day of the SPP close.
GLTAH
Thanks gsouthenI think you have identified the cause. Share tips...
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Last
$1.72 |
Change
0.080(4.88%) |
Mkt cap ! $1.311B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.74 | $1.63 | $19.21M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 49024 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRO (ASX) Chart |