This right here is the million dollar question. If the stock rises a substantial amount over the next few months, then this price could be an absolute bargain.
Expect a few “I told you so” posters to appear over the next day or 2. We had a similar fall last month from around $1.90 to $1.40 before the next leg up.
Corrections are a part of investing. Zip fell to $1.06 from $1.50 twice in the last 2 months before hitting a new recent high of $1.80 last week. Should’ve seen the “I told you so” posters calling sub $1 at the time. Reminds me of the posters who were claiming DRO will go back to 30c when it was sitting at 60c back in March.
Quarterly results being released by the end of the month, so not long to go.
DRO at AU$2.01. Anyone taking profits?, page-84
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Last
$1.32 |
Change
-0.080(5.73%) |
Mkt cap ! $1.146B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.32 | $12.04M | 8.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 134196 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |