found this on the goldthread. Maybe the Swiss shareholders selling are caught in this need for deleveraging. Just DRA's bad luck that we have such an influential Swiss shareholder consortium?
Buy Low Sell High Double Whammy
By Neil Charnock
News just to hand informs me that Spain is just about to do a Greece as their banking system is without funding. In the end this is not about maintaining global growth or the European Union it is about the survival of the financial system as we know it during this major historic transition. Gold is about to go through the roof and not just in Euro terms.
This is also a de-leveraging environment meaning that there is a scramble once again to sell assets and raise capital and gold stocks are temporarily caught in this downdraft. This is the most opportune distortion of fundamental value I have seen since the end of 2008.
The full article is at http://news.goldseek.com/GoldSeek/1274799900.php
- Forums
- ASX - By Stock
- DRA
- agm
agm, page-20
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.81 |
Change
0.000(0.00%) |
Mkt cap ! $100.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.98 | 59 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.900 |
1 | 110 | 1.850 |
1 | 525 | 1.810 |
2 | 1106 | 1.800 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.975 | 59 | 2 |
1.985 | 3 | 1 |
1.990 | 3 | 1 |
2.000 | 3 | 1 |
2.010 | 3 | 1 |
Last trade - 10.02am 08/10/2024 (20 minute delay) ? |
Featured News
DRA (ASX) Chart |
Day chart unavailable