I think fundamentally DIO is ok, however, the SP is currently in the grips of a strong down trend.
There seems to be some support around the $1.00 - $1.10 indicated by the higher volumes on these days in the first week of April. At this stage DIO is well into oversold territory on low volumes.
Lets hope some sense comes back to the market on DIO and we see a reversal soon. I already note a slight change in the chats with the trend slowing and the MACD starting to change.
All the best to holders. Those who have sold should be ready to re-enter soon. Some will regret selling as they will likely miss the upside and buy again at too high a price as is usually the case.
Cheers
BW
I think fundamentally DIO is ok, however, the SP is currently in...
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