I very much doubt this gets back to 80 cents.
Assuming the majority of placement holders who just spent $120M @ $1.15 haven't sold yet, then I'm sure they would support the SP further by buying more between say $1 and $1.15.
My guess is it won't go much below the placement price as there will no doubt be some positive news flow in the near term to keep things moving along.
I thought I had missed the boat on DRO but happy to be a holder as of yesterday and today - at what I consider to be very good buying given the long term prospects.
I'm not looking for a quick buck - l'm looking for multiples of this investment over the next 5 years.
I think we are seeing a very serious company in the making here, and I plan to add to my position over time.
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I very much doubt this gets back to 80 cents.Assuming the...
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Last
$1.32 |
Change
-0.055(4.00%) |
Mkt cap ! $1.151B |
Open | High | Low | Value | Volume |
$1.40 | $1.43 | $1.32 | $12.42M | 9.096M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 94692 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 72257 | 1.320 |
2 | 15669 | 1.315 |
11 | 138743 | 1.310 |
7 | 25138 | 1.305 |
46 | 244200 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 12000 | 1 |
1.330 | 21481 | 1 |
1.340 | 64650 | 2 |
1.345 | 72388 | 2 |
1.350 | 15000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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DRO (ASX) Chart |