You exited on a good day, can't argue with your trading timing. I can't really agree on the valuation pricing in orders that may not materialise - after directors sold down there was an inevitable recovery as the long awaited orders came in, which took the MC back up to just over the issue price. Even without much more, they are growing the revenue base rapidly. Don't forget the annuity component in most sales.
The company is scaling up its personnel and planning a factory move. Its improved its product range only recently, so there was bound to be a hiatus until they were released. Time will tell.
News: DRO U.S. to announce $1.3 bln in military aid for Ukraine -sources, page-44
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Last
$1.46 |
Change
0.005(0.34%) |
Mkt cap ! $1.108B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.41 | $13.40M | 9.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23103 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 48725 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.005 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.48 | $1.41 | 2660986 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| DRO (ASX) Chart |