Management (that's going after the potential prize):
- have a very successful track record who (amongst other takeovers/success stories):
-- started SLR.ax which is currently a $1.5B gold producer
-- started DCN.ax which is currently a 100,000oz+ gold producer
-- started AVB.ax which got taken over by OZL.ax for $323M
-- started DRE.ax which is following a similar path
- one of/the hardest working teams on the ASX and literally non-stop news/announcements (averaging more than 1 price-sensitive announcement per week)
- ~85% of all spending is going into the ground
- Directors have put in $1.3M of their own cash into DRE (and take out $0 cash as payments (NED’s))
- Board/Management own 19% of all shares
- Geos also put in “quite a bit of money” into the last CR (ie. that $1.3M and 19% are even higher when geos are included)
(a bit of a) Summary, page-45
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Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $56.29M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $20.11K | 1.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 6264945 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2100323 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| DRE (ASX) Chart |