DRE 8.33% 2.6¢ dreadnought resources ltd

DRE Chart, page-3415

  1. 5,310 Posts.
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    I think IMU much lower than what the newsflow suggests it should be, and DREs news is not what it should be, but it has been excessively punnished for that too.

    I think the grandiose comparisons to major projects and price predictions have left a lot of jilted holders that are running for the exits. This in itself can present as an opportunity, but a catalyst is still required IMO for price reversal.

    Chart for now holding historic 2c support, seemed like a few buyers helped put a floor there today.
 
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2.5¢ 2.6¢ 2.5¢ $136.1K 5.320M

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11 1656885 2.5¢
 

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Price($) Vol. No.
2.6¢ 863587 5
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DRE (ASX) Chart
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