Perhaps pump and dump is the wrong term (apologies). The meteoric rise of the market cap, just looks disproportionate to the rise in revenue/ profit of the company over the same time period, and the guidance hasn't changed, so the ever pessimist in me, always assumes it's some sort of manipulation.
It could be a pump and dump, or it could be market sentiment getting a little out of control (like what happened to after pays rise, then subsequent collapse in market cap) given the geopolitical situation, or maybe I'm wrong and the market cap is simply catching up to fair value?
Too your question, I wouldn't know enough to speculate on who could or would be behind a potential pump and dump, perhaps the next shareholder update will show a new player that could be behind it?
Haha given all my uncertainties on this market cap (and i have alot now), I'm trying to decide, whether the 12 month price will be higher, or lower than it currently is.
Perhaps pump and dump is the wrong term (apologies). The...
-
- There are more pages in this discussion • 132 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |