Q, the other point no one has mentioned is clients may have requested information on the maximum size of order that DRO could execute in 2023. Given that this information has not been made public - management took the view that they should inform the market of the capacity before responding to the RFI. Again to address continuous disclosure obligations. This approach would not be unusual.
I do not know if this is what happened here, only management would know. Either way - in my view this is a positive announcement and I'm glad. they informed the market.
Ann: Significant Production and Operations Ramp Up, page-25
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Last
$1.45 |
Change
0.040(2.84%) |
Mkt cap ! $1.264B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.41 | $16.21M | 11.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 161362 | 16 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |