DRO was trading at 0.18 around a month ago before rapidly climbing to 0.42 then levelling off at 0.37.
The talk on HotCopper was whether the price would fall back to 0.18 range in a similar way that its price has fallen back after previous sharp rises.
I would see the CR of 0.30 (at discounted price) is a vote of confidence by investors that the share price won’t fall back below 0.30 anytime soon. If investors are happy that 0.30 is a “discount”, I feel confident there is support of the value of the current share price.
Hopefully more sales soon will maintain the upward trend.
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Last
$1.04 |
Change
-0.095(8.37%) |
Mkt cap ! $906.9M |
Open | High | Low | Value | Volume |
$1.15 | $1.15 | $1.04 | $21.20M | 19.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
80 | 473107 | $1.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.05 | 221999 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
77 | 405186 | 1.040 |
10 | 47611 | 1.035 |
21 | 182094 | 1.030 |
7 | 28730 | 1.025 |
17 | 82301 | 1.020 |
Price($) | Vol. | No. |
---|---|---|
1.050 | 221999 | 9 |
1.055 | 65545 | 4 |
1.060 | 206471 | 4 |
1.065 | 157123 | 6 |
1.070 | 142998 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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