DDR share price went up from about $9.00 in May this year to $16 just three months later, without any particular financial or business news to get excited about. Such a huge increase for no discernable reason made me suspicious that someone was actively working to inflate the Share Price with a view to selling a much larger quantity once the price got high enough. So I sold most of my holding at $15.90, with a view to buying back in when the SP settles back to a more reasonable level of around $12. The dramatic fall in the SP today supports my suspicion that it will settle further over the next week or so.
DDR share price went up from about $9.00 in May this year to $16...
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Last
$9.18 |
Change
-0.110(1.18%) |
Mkt cap ! $1.655B | |||
| Open | High | Low | Value | Volume |
| $9.19 | $9.25 | $9.09 | $401.6K | 43.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 691 | $9.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.19 | 373 | 7 |
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| Last trade - 11.38am 04/09/2024 (20 minute delay) ? |
| DDR (ASX) Chart |