DRO has all the hallmarks of stocks which ran in the dot-com boom. Lots of dot-com stocks went to the sky and subsequently crashed to the floor.
DRO has fundamentals backing it and the dogs in the street know about it now. But are these fundamentals enough to sustain this hubris and FOMO?
Right now it looks like it could keep going and for no particular reason it could keep going and going. When will this music stop? Will it be $2 or $5 or $10 or $20?
Think dot-com and Afterpay and Bellamys etc.
Any (non-silly) thoughts?
DRO has all the hallmarks of stocks which ran in the dot-com...
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Last
$1.24 |
Change
0.055(4.66%) |
Mkt cap ! $1.077B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.25 | $1.16 | $13.08M | 10.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5865 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 37064 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |