5 - 5.5c incoming
the skyrocketing cost of equity and financing has flipped this company and anything that looks like it on its head
in a stock pickers market only those with cash flow and stable balance sheets will perform well. Simply being debt free is not good enough. Guess what, most explorers are by virtue debt free as they can rarely if ever access debt markets.
locking in the raising at 10c was a master stroke
good luck people
Ann: $21.4M Raising to Accelerate World-Class Mangaroon Project, page-165
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $59.72M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $29.86K | 1.855M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 5266962 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2519879 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DRE (ASX) Chart |