Tranche 2 shares released with price 1.40 up 75% on the raise price of 80c. No wonder the raise was oversubscribed. Very nice investment by institutional investors (and retail alike).
Not too surprising that a number of those institutional shares were marked for profit taking. Surprising that much was sold and we only fell back to a price from a week or so ago. Demand absorbing that was strong.
Unsure if this sell off is done but it seems like it’s been subdued and feeling institutions may want to push this onward and upward as it become part of the ASX300 and ASX200
DRO - Chart and TA., page-1157
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Last
85.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $745.6M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 87.0¢ | 79.5¢ | $15.83M | 18.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62969 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 36700 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |