Gotta read mate. I did now own DRO yesterday. It doesn't meet my requirements for my long-term portfolio (a company I could buy and then not look at for the next 5-10 years and sill feel confident, good cash flow, management that I trust).
So instead I look to scalp DRO. I did not own DRO. I saw the announcement and immediately bought at 14.5c and got out at a profit and now I do not own DRO. If I had to keep DRO for 5 years at 14.5c I would not have made the trade. I will probably do the same at some point in the future. a quick scalp. In fact it is what most traders are trying to do on these high volume days. probably 80-95% penny flippers and momentum traders with a few medium to long-term holders mixed in.
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Gotta read mate. I did now own DRO yesterday. It doesn't meet my...
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Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $1.784B |
Open | High | Low | Value | Volume |
$2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3150 | $2.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.34 | 25989 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2145 | 2.330 |
2 | 2430 | 2.320 |
5 | 29030 | 2.310 |
7 | 84430 | 2.300 |
10 | 213332 | 2.290 |
Price($) | Vol. | No. |
---|---|---|
2.340 | 25989 | 1 |
2.350 | 179061 | 19 |
2.360 | 4500 | 2 |
2.370 | 2416 | 2 |
2.380 | 66089 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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DRO (ASX) Chart |