I'm putting together a list of all the reasons why DKO's share price has not "lifted off" recently. So far I have the following:
Brexit
EOFY
BOFY
Australian elections
US elections
Burst lithium bubble
US Fed
May's Red Friday
Some combination of PLS/AJM share price performance and the nearology factor
I was going to add "Investors not happy with current company performance and future direction" but obviously that's not correct.
Feel free to add. Please don't take this as a dig against DKO, its a common discussion on all stocks atm.
I don't mind wishful thinking as a tool to vent frustration but some honest discussion would be most refreshing. Can anyone answer the following question for me? Why did the market not like the last set of results? I'm with Tattswah on this one - I think the results were ok. I too cannot understand why the DKO share price took such a beating. But my patience is wearing thin and I'm looking to move on. Pity, I thought DKO would do me proud. Just opinions from an interested observer. Cheers.
DKO Price at posting:
9.9¢ Sentiment: Hold Disclosure: Held