Smart thinking. I agree.
Just my opinion but to me the pattern looks like last year. Dro had no announcements and many people were selling.
Then all of a sudden DRO has 4 annoucements in one week. Then at the end of it they raised money.
While not impossible it is uncanny that they get one piece of news a day each time when shareholders are upset and they need money. Are there more announcements coming? I don't think 30m shares traded yesterday because of one 200k contract. I wouldn't be surprised if Bergen or another party close to management re-enters either buying shares on open market and then selling them or through a raise. I guess we will see though.
Smart thinking. I agree. Just my opinion but to me the pattern...
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Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 25989 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |