DRA 0.50% $2.01 dra global limited

Good post pokerface and highlights DRA's value.I think DRA have...

  1. 2,050 Posts.
    Good post pokerface and highlights DRA's value.

    I think DRA have been "left behind" in terms of market cap because of the unfavourable hedging.

    I bought in when seeing the end of the hedge and would think many large investors have or are running the ruler over them.

    It may need the quarterly result to seal the deal but we are certainly in the process of a re-rating.

    I can't see DRA trading below 10c for very long and a near term target of 15c seems reasonable imo.

    cosmos
 
watchlist Created with Sketch. Add DRA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.