to me this looks like abit of manipulation to keep the price down so that large holdings can be bought/sold around the 10c mark. The sell queue has been stacked over the past few days killing any forward momentum.
I dont believe there is anything wrong with the company. I suspect DRA expect CHN to pay the $4m by October (after 1m oz JORC) which will be used to clear the remaining convertible notes.
With Net Assets >$30m..and a MCap of $75m...this will be much higher in a few weeks.
Cheers
- Forums
- ASX - Short Term Trading
- DRA
- enter the dragon......
enter the dragon......, page-52
-
-
- There are more pages in this discussion • 2 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
|
|||||
Last
$1.86 |
Change
0.000(0.00%) |
Mkt cap ! $102.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 320 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.30 | 1999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 320 | 2.000 |
1 | 9750 | 1.855 |
2 | 20364 | 1.850 |
1 | 277 | 1.800 |
2 | 945 | 1.600 |
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 - 16.12pm 26/07/2024 (20 minute delay) ? |
Featured News
DRA (ASX) Chart |
Day chart unavailable