Forum Topics DRO DRO Bear Case

Pinned straw:

Added 4 months ago

Fri 28th June Chart update

I have been holding off writing for DRO as it has proved my wrong a couple of times now. Tricky one. There have been many signals telling a story for a drop over the past couple of weeks however not enpough for me to post on. Today though im seeing some big signals for the drop. To prove me wrong, it would have to blast off again. Take it all with a grain of salt, but I think the drop has arrived.

8077c63287aed1f32654cb7e19e6f22b6c5a49.png


RhinoInvestor
Added 4 months ago

White knuckle stuff this morning but I managed to get the 9 March 2023 30c SPP away at $1.73 before @Saiton 's predicted decline.

Hope you are wrong as I still have a significant IRL holding but its certainly a relief to get this roughly 4x return (after tax) with over 12 months (and unfortunately probably a bunch of tax loss selling opportunities) before I need to give the money to Mr ATO. Now I've got the challenge of finding the next great opportunity.

DISC: Held IRL (still a weighting I'm not comfortable with) and SM (will update SM balance later today)

14