Companies outside the the top 300 are getting very little interest in the past few years with less liquidity in bottom end of the All Ords. Large caps have been leading the market and last year Quality was the best performing factor within the S&P/ASX 200.
Seems like smaller companies need to clearly show several periods of improved earnings and even dividend payouts to attract investor attention and re-rate. Investors are less likely to take a 'punt' in the more speculative areas of the market these days compared to a few years ago.
I still recall DNA was over $1 when only a one asset (Aristo) company.
C'mon DNA show your long term holders some love and offer a dividend or buybacks in near future please!
DNA Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
