Got no real issue with the raise, it's the discount to BP and co after BP raised their SPE. Its a bit sneaky cos Management would have known about this for a while...to me, given DRO's cash position, 10% would have been fairer. Anyway - its all part and parcel for the market. As I previously stated, its no issue if you look more than a fortnight ahead. I am thinking it may be tied to a large contract too...but if so, again more reason to give only 10% discount. It's pocket pissing tactics.
Ann: Trading Halt, page-42
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.04 |
Change
0.000(0.00%) |
Mkt cap ! $906.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $1.15 | $1.04 | $211.9K | 200K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 27824 | 2 |
View Market Depth
| Last trade - 09.56am 17/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |
Day chart unavailable