DRE 0.00% 1.7¢ dreadnought resources ltd

Almost world wide housing prices increased then interest rates...

  1. $m8
    823 Posts.
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    Almost world wide housing prices increased then interest rates followed there is less money creating less demand for our wants over needs. This will blow out across the board. DRE are feeling it as many others however DRE have over hyped a lot in the past and really not delivered on the hype. I would say this has hurt the share price as much if not more then global slow down.
    @slick for what I have read has not declared the bottom is in from a charters prospective. So we wait.
    it seems anyone who doesn’t have a pie in the sky attitude of DRE are not welcome to participate in the discussion. Almost leaving the forum particularly 1 sided yet the share price dwindles more and more.
    someone said enough in the bank to keep lights on for 6-9 months not sure how many drill campaigns that equals then what maybe a strike or cash raise to keep going.
    9 months not so long if we look at past 9 months not much to go on. Certainly not as much room in share price to absorb it. I’m sure there is more pain to be felt then the argues turn around and share consolidation long road a head if we strike.
    DRE has virtually become a tax loss for me and they hardly ever turn around.
 
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