The people selling either don't know the product and purely in it for the short-term gains. i have no problem with that, we are all technically investing for gains.
Or they are scared and would rather lock in profit than be burned again.
As mentioned above, the product and business strategy are good. Despite the selling we are hitting 52-week highs despite the horrid market this week.
DXB is going to keep making gains everyday consistently, once another high-profile deal comes through, no number of sellers are going to outweigh the buyers.
Just wait until tax loss selling is over.
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Last
58.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $343.8M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.5¢ | 57.0¢ | $432.2K | 744.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46984 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 85848 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| DXB (ASX) Chart |