The price already did come down to 80c. In fact, it went down to 78c and hovered between 0.78-0.82c for an entire week (after the trading halt for the SPP).
It's rebounded since then, so do I see it going back down to 0.80 for the sake of it? I doubt the Instos would allow it to get that low. What determines the SP now is material announcements, Quarterly results etc.
It could hover between 0.85-1.05 until the next announcement, due to global market sentiment, daily swings etc. However, this is all just a guess. Could fly past $1 in anticipation to the lead up to the next Quarterly results.
Capital Raise Stocks on the open market, page-3
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.24 |
Change
-0.015(1.20%) |
Mkt cap ! $1.077B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.22 | $10.85M | 8.755M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 43214 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 222 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |