The stock market is always speculative, even when there is news. However it's not as if there's no basis for this rerate. DRO's performance fundamentally has been phenomenal, it is more likely than not that buyers today are still buying because they like what they currently see. This is not being fuelled by hopes and dreams in my view, it's being fuelled by what we can already see (and no, I don't believe in the efficient market hypothesis and I do believe it can take the market a considerable amount of time sometimes to properly value a company)
The stock market is always speculative, even when there is news....
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Last
$1.31 |
Change
-0.040(2.97%) |
Mkt cap ! $1.138B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.37 | $1.31 | $10.85M | 8.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37050 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |