DRA
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0.00% $1.90 dra global limited

Ann: Presentation, page-41

  1. yifuj
    1,131 Posts.
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    10/03/16
    17:28
    Post #: 17241117
    Similar movement to MOY halfway through its rerate. Just taking a breather and following all the other ASX goldies down. The fundamentals are too strong here, even with 1 year of low gold prices in 2015, 6 mil profit was generated. Now with gold 20% higher, even with a pullback in gold prices, DRA is still generating huge amounts of cash. The market cant ignore this for much longer and the rerate will reward those with patience to hold through the dips.
    DRA Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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