Reinforcing the point I was making yesterday about the lack of liquidity in DTR trading, the stock opened yesterday at 0.4 cents and closed at 0.35 cents. (This 0.05 cent movement occurred despite the ASX specification of a ‘minimum price step’ of 0.1
cent. Half tick movements can occur via ASX Centre Point execution or Chi-X Mid-Point Orders.)
This morning DTR opened at 0.3 cents, a drop of 14.3% when just $90 worth of shares were traded. Subsequently, the price moved back to 0.35 cents, an increase of 16.7% from a trade worth only $703.50.
The logic of a radical share consolidation perhaps of the order of 100 to 1 is inescapable.
Proposed Share Consolidation
Add DTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.98M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $63.43K | 5.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1510099 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1392700 | 1 |
View Market Depth
| Last trade - 15.50pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.1¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.1¢ | 1846633 | ||
| Last updated 15.49pm 03/05/2024 ? | |||||
| DTR (ASX) Chart |