DSE 0.22% $4.52 dropsuite limited

Just ran a super quick calc and here's my situation. I bought in...

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  1. 5,669 Posts.
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    Just ran a super quick calc and here's my situation.

    I bought in a 0.012 and sold at 0.022 last week but bought back in a 0.019 expecting a retest of highs.

    If I take up my full entitlement at .005, I can get my average price down to 0.14 (from 0.019). A SP of 0.014 implies a MC of approx $5m which I think is still very good value considering we'll be holding $600k in cash that will be used to complete the transaction with DMS.

    Just sharing my position to demonstrate that there may be some short term weakness but post-placement, there's still HEAPS of upside.
 
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Last
$4.52
Change
0.010(0.22%)
Mkt cap ! $239.5M
Open High Low Value Volume
$4.51 $4.57 $4.51 $227.6K 50.29K

Buyers (Bids)

No. Vol. Price($)
5 3001 $4.51
 

Sellers (Offers)

Price($) Vol. No.
$4.53 1631 14
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Last trade - 12.34pm 04/12/2024 (20 minute delay) ?
DSE (ASX) Chart
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