DRE 0.00% 1.7¢ dreadnought resources ltd

If you have such a problem why did you buy in at 6c before doing...

  1. 300 Posts.
    lightbulb Created with Sketch. 357
    If you have such a problem why did you buy in at 6c before doing your due diligence?

    What exactly are you expecting? The company to poof money from thin air? Lol.

    It’s already amazing that the company put their own millions of dollars worth of capital in as well as spend 85% of said funds in exploration - and now you’re wanting them to magically create money out of thin air too?

    Please explain what you want? A junior explorer with all this potential and fully funded till development and extraction of minerals? Then why not pay a premium and get into an established company with less potential upside (which may be priced in) because that’s what it sounds like your risk tolerance can handle.

    You can’t expect the world from a junior explorer as well as no risk or no potential downside. The risk to reward ratio on DRE is great, and skewed for the upside. Be realistic in what you want and critique. NFA
    Last edited by Spoilt: 08/08/21
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $59.72M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $95.75K 5.977M

Buyers (Bids)

No. Vol. Price($)
1 500000 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 2207951 8
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
1.6¢
  Change
0.000 ( 6.06 %)
Open High Low Volume
1.6¢ 1.7¢ 1.6¢ 3383255
Last updated 15.54pm 03/05/2024 ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.