Agree 100% - the issue though is there are nervous holders who are neither believe in TA nor in Fundamentals. Some unfortunately fall for the chartists predictions, and probably set stop losses.
DRO is at a stage that most of the price movement is/will be based on fundamentals, as you have rightly explained.
Chartists will always draw a beautiful trend and will claim that "we said so". LOL
Like you are, I make my investment decisions based on fundamentals.
DRO is the only stock on ASX that is a hedge against the current geo political tensions.
One way to look at DRO is like a anti virus tech - there are drones and DRO is there to protect you, businesses, political and military establishments from drone threats.
How valuable is this!
Agree 100% - the issue though is there are nervous holders who...
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Last
$1.72 |
Change
0.080(4.88%) |
Mkt cap ! $1.311B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.74 | $1.63 | $19.21M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 49024 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRO (ASX) Chart |