I think the 6's are a little optimistic, but this is typical of DGR, but note how low the volumes driving the sp down are.. happens all the time, is just punters who need a few thousand, for whatever reason.. xmas is an expensive time of year.
It is encouraging to note however the sell list is holding its ground in the 9's, which to me says holders know the value of DGR and are in no hurry to bail.. we all know 9's is just a starting point to where we are heading anywhere between now and two years time..
The disappointing thing is, as history has shown, when we are down sold like this, DGR can come out with some good news and Mr Market says "Hey ! that has to be worth a couple of cents..'
and we experience a sp increase of 2c only to get back to where we were before the unnecessary sell down.. and the day traders enjoy the fruits of their labours.
Anyway, soon enough we will leave the day traders behind and be enjoying the fruits of our long toil..
so really nothing to worry about, in fact all to be gained as we get opportunity to stack up some more at bargain basement prices..
yep - you got it, I am watching closely, and already transferred some funds into the trading account looking for an entry into a similarly sold down company... but DGR is again looking very attractive and competing for a space in the "BUY" radar..
- a cheeky purchase is not out of the question -
GLTAH..
DGR Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held