oh as a strategy - the upside is huge (SaaS is basically printing money if there is a level of dependency achieved.. like large organisations that have used Microsoft 365 for years tend to keep just paying for it rather than change software; even if cheaper / better alternatives exist, the hassle of integration, training staff etc..).
but yeah don't get me wrong, I'd 100% rather DRO be ambitious than complacent or conservative. but I guess the bigger the upside, the bigger the risk / challenge, when it comes to actually executing it and pulling it off..
anyway i bought in at 25-30c - have taken some profits along the way and will just watch how all this shakes out (and prob buy some more shares tbh). i've found myself asking a few questions after reading through today's ann, but overall i'm still happy / comfortable with where things stand, fwiw ha
Ann: Successful Completion of $120m Underwritten Placement, page-89
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Last
$1.25 |
Change
-0.055(4.21%) |
Mkt cap ! $1.090B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.30 | $1.25 | $13.22M | 10.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 856673 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 9135 | 2 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |