It's being shorted pretty heavily. From experience shorting has a somewhat multiplier effect of a downtrend. They evetually get sqeezed though and the sudden bounce is pretty high when it happens. Its crazy though that a cashed up company is trading at these levels. Pointsbet I can understand bc gambling can be iffy in terms of revenue/growth but for a compliance type of company to trade like this is just stupid. It makes the company open to takeovers which ends up resulting in a high bounce anyways. If they DIDNT have the cash I can understand but they can pretty much sustain themselves for the next 3 years without a single cap raise and by then they will be cash flow +. My 2c anyways. as always DYOR
https://www.shortman.com.au/stock?q=DUB
- Forums
- ASX - By Stock
- DUB
- Dubber.Dubber.Do.
Dubber.Dubber.Do., page-6123
-
- There are more pages in this discussion • 2,257 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DUB (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $26.85M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $17.79K | 597.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 460693 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 262109 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 460693 | 0.029 |
8 | 442177 | 0.028 |
4 | 190019 | 0.027 |
1 | 400000 | 0.026 |
1 | 40000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 262109 | 3 |
0.032 | 86666 | 2 |
0.033 | 320109 | 2 |
0.034 | 119357 | 1 |
0.035 | 67776 | 2 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
DUB (ASX) Chart |