There has been a huge amount of speculation in DRO.
When the share price was $1.10, DRO offered current shareholders basically unlimited shares at 80 cents. In addition, there has been a huge amount of speculation from Europe and in particular Germany (notice how many DRO chats on Reddit are in German). So basically, their entry point was very low, so when the Capital Brief article came out, they dumped, and are likely to continue to dump, as they are still making 100% or more profit. At the same time, DRO have moved offices and are expanding, and are at a time of year when US Agencies have low budget, so are not spending this quarter. All of these factors combined.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-99
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15 | 75502 | 1.330 |
18 | 218896 | 1.325 |
23 | 438481 | 1.320 |
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Price($) | Vol. | No. |
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1.340 | 90369 | 7 |
1.345 | 90133 | 7 |
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