CC I guess it's a case of how longs a piece of string.
The only thing to do here is, if you are happy with the stock, is buy more and don't give in to the selling pressure.
The other thing is that the ASX should enforce a minimum parcel eg $500 so I'm told, and not give the institutions or brokers with this capability the the ability to trade like this. Today for example there was a concerted effort to trade parcels of around 85 shares and they were on the whole unrelated. Apparently this is legal and is called direct market access (DMA). I call it a load of old bollocks. It may occur if it doesn't unduly influence the price well I ask you based on the lowish volumes and relentless selling what has happened to the price.
I have made a number of complaints to the ASX citing DIO as a case in point. All I can say is if you leave the fox in charge of the hen house your likely to get left with feathers and chicken sh!t.
There will be a point when DIO bounce back (I have already bought some more a while ago) it all depends when it has reached someones target price.
My call to those people getting sucked in to the sell is don't but I guess not all will read HC.
Have a good one.
Cheers BW
DIO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
