it may appear as the overall market is stabler than it has been for a while, but thats just based on blue chip stocks which by definition are "stock with a ability to operate profitably in good times and bad.", these are in no way related to the spec end of the market where DRG and most other stocks reside. Its the spec end thats been performing poorly as of a few months ago and almost every spec co has been hit hard if you look at their performance in the recent months.
Below are a few examples:
the motherload?, page-47
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Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $1.676B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.32 | $1.28 | $9.023M | 6.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99998 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 121856 | 8 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |