July 16th

Ok ladies and gentlemen,

We find ourselves back to an ATH on July 15th, with euphoria in the air. Many people are holding double figure bags in DRO and thinking about how to spend their gains. It feels good, it’s the reason we invest our hard earned into the companies we believe in. Well done everyone who is holding, we are all in the green invested in an Australian grown diamond in the rough, with bright prospects for the future ahead! What could possibly go wrong…?

Tomorrow is July 16th. Now, I’m not one for astrological predictions influencing the macro movements of a securities market, although SurfBeach73 has been remarkably spot on so far, nor do I pay a great deal of attention to past movement trends to predict future stock direction - too many black and white swans in the lake. What I do believe in, with strong conviction, is human behaviour around fear and superstition. Last year DRO hit an intraday ATH of $2.72 and dropped to $1.79 before recovering to $2.02. It was an incredibly destructive day thanks to the shorters doing their thing, vultures that they are. That’s the reality though, and it started a downtrend that took some time to recover from. I didn’t sell a single share over the past 12 months, but there were some darker days of ‘what ifs.’ I never lost sight of the bigger picture, and here we are today a full $1.00 higher with a business in the box seat of future war defence; the runway is clear and the shorters have 3rd degree burns, fantastic vengeance!

The point of my post is this: if you’re in a happy place and the profits you are holding could help improve your circumstances, put on a stop loss to secure it. A 100% gain in 1 month is a dream run, let alone 500% in 6! I see an eventual $10+ SP in our future, but beware of earthquakes and earthworms along the way.

I’m so keen to see where we close tomorrow.

GLTAH!