Don't forget they'll get cash from the IPO of Weld Range. Anyway you look at it they're massively undervalued. I just wish the market would see it that way.
Something else I remembered from the conversation with PC. With regards to Chalice (someone mentioned that it now has a higher market cap than DRA - what a joke), the Koka project is a great project but pity about the location. If it was somewhere less volatile it would be a no brainer. However and I quote, "it will be very difficult to get funding for the project". Which a lot of us already knew however, it just highlights the fact. I still think it's a good deal. And what if the government had've opted in for their 30% and at what price? DRA would've ended up with a very paltry 13-14%.
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Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $105.3M |
Open | High | Low | Value | Volume |
$1.90 | $1.90 | $1.90 | $4 | 2 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.30 | 1999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.855 |
1 | 8364 | 1.850 |
1 | 277 | 1.800 |
2 | 945 | 1.600 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
2.300 | 1999 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 11.34am 19/07/2024 (20 minute delay) ? |
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DRA (ASX) Chart |