HotCopper is censoring the text, not me. Not entirely sure of their reasons.
But the strings that are censored begin with the first 3 letters of Australia and end with "biz".
I agree with your assessment of "not required" vs "not happening".
However, the timing of the CR comments statements at the AGM and also at the 4C, followed by 3 days of back to back new deal announcements naturally leads to questioning of motives. Whether or not there was devious intent, it looks dodgy.
Personally I've been expecting this CR since before the 4C and when the 3 days of back to back announcements happened, conveniently leading to a sustained elevation of volume and price, it seemed highly probable a CR would come, irrespective of what they said at the AGM.
Now whether you believe the reasons for the CR is up to each individual. Personally I'll wait and see. If the opportunities that apparently drove the CR exist and are converted, that's great and I'll consider investing at that time, depending on valuation. If they don't materialise, you could interpret that as the opportunities never having existed in the first place, or you could say they missed out on the deals for other reasons. Either way it doesn't change the hard facts; the only thing it changes is your belief in management (which is important).
Hence my view is there's no need to rush in now. More data is needed to prove the positive case. If nothing eventuates, then I have lost nothing by sitting on the sidelines. I don't do FOMO.
- Forums
- ASX - By Stock
- Ann: Placement and Share Purchase Plan
HotCopper is censoring the text, not me. Not entirely sure of...
-
- There are more pages in this discussion • 145 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
|
|||||
Last
$1.33 |
Change
0.090(7.29%) |
Mkt cap ! $1.155B |
Open | High | Low | Value | Volume |
$1.26 | $1.39 | $1.26 | $65.51M | 49.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 321150 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.310 |
1 | 3831 | 1.305 |
8 | 149336 | 1.300 |
3 | 102934 | 1.295 |
1 | 30000 | 1.290 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 7092 | 1 |
1.330 | 3500 | 1 |
1.335 | 14788 | 3 |
1.340 | 44748 | 4 |
1.345 | 63129 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online