DOU 7.69% 1.2¢ douugh limited

A good runner. No doubt about it. Still trades in it I think....

  1. 12,484 Posts.
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    A good runner. No doubt about it. Still trades in it I think. Was a screaming short at $1.20 and fell 50c from there. Would have put it on Freeholds STT game but I struggle to obey rules. By my rule of thumb in the resource world the maybe's with a flock of true believers tend to peak at around $70 - $80m. From there price will oscillate downwards with despondency or upwards with success. I believe that rule of thumb probably extrapolates into other sectors - although I haven't observed enough. Maybe you follow bio and tech and could agree or disagree.

    By my observations, once a MC gets to $150m+ then the net opinion of the market believes it is going to make money, and will most likely be proven correct. IMO, a position to go long here as an investor, not trader, is by watching for viral uptake. However early speculators are already winners, and that is where the most fun is to be had. So best wishes to them.
 
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Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $12.98M
Open High Low Value Volume
1.3¢ 1.3¢ 1.1¢ $138.0K 11.53M

Buyers (Bids)

No. Vol. Price($)
3 3608732 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 508233 5
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Last trade - 14.50pm 18/11/2024 (20 minute delay) ?
DOU (ASX) Chart
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