Hold your horses, Barrel has a fair point. This announcement is meaningless in the short term (2 year time frame) and the 7 % rise is pretty unremarkable if you look at the chart.
And.. It really is a money sinking liability until something happens to it, this isn't a problem for large companies. But don't forget DGR has around 50k left in the bank. Most people have more in liquid cash than this company.
So yes, it is a very fair to describe this as a liability. But don't take my word for it, watch the SP of DGR and IRR. The market knows. You go ahead and "load up cheap". Good luck to you.
Hold your horses, Barrel has a fair point. This announcement is...
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $14.61M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $21.24K | 1.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 189268 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2202058 | 3 |
View Market Depth
| Last trade - 15.57pm 25/11/2024 (20 minute delay) ? |
| DGR (ASX) Chart |
