People are buying it every day. The day it ran to .20, and the ASX reaction was to do nothing but sell, Americans now decided to sit on the bid, waiting for INTL to unload whatever it wants to us. There is no sense and running it up only for ASX sellers to take it back down each time. When folks stop selling 15 million shares into the bid is when this can move fluidly on both markets. There is 1 single difference between the two, however…. When a funding announcement is made, it will be during US hours, not ASX. American traders will buy it up just like they did on $MP that very moment. ASX traders / investors who aren’t holding stock will either have to chase the ASX open, or miss the bus entirely. We’re not going to aggressive buy 20-40 million shares a day anymore and continue to swim upstream. We will buy the news when it hits and continue to accumulate at a steady pace no different than $MP.
DTR Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)