It's understood that the stock market predicts price value 3-6 months in advance. Now I understand DRE is a spec stock so maybe that general rule may vary but I still think it applies.
The market might be gearing up to buy DRE 3-6 months ahead of the expected Kimberly results and even the final resource for the ironstones and c3 so I think the buying and SP increase is going to start very soon.
Happy to hear anybody if I'm wrong.
DRE Chart, page-2484
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $60.04M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $3.589K | 224.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3427901 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 3447661 | 14 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| DRE (ASX) Chart |