Exactly... Tesla PE ratio 116 x.... crypto flying.... Elon's DOGE.... Trumps SH@tcoin thing.. what the.
Multiple US Co.'s at PE's 100 x +.... totally unsustainable levels.
Massive US debt levels.... all that QE.... that goes to the ones closest to the source... those closest to the FED.
The rest of us pay with inflation.
US stock market at multiple record high's is what ppl see on the 'outside'... and yes prices are rising and rising... which is why gold keeps rising as well.
I'd say US markets are more 'illusional' than delusional.... but the sheep keep following.
Quality Co's like DRE have been shi#tcanned... and this is where the beware and danger sign's are dimly lit.
If ppl don't really know what they're invested in... in these times.... they become.... just collateral damage.
These are the times when many sell... whatever it is they've got... at bargain basement prices... including DRE's current sale.
No gloss... this is a distressed sale... find a buyer... if you can... take what you can get.... and be happy.
One looses nothing... till they cash in their chips.
Being able to stay in the game till things change.... weather the storm is not easy... for anyone.
Times like this.... one needs conviction.... not blind faith... or crystal balls....( sorry couldn't help myself )... or taking what non invested sh#t stirrers have to say... they creep in... like rock spiders... and leave with their jollies.
If you don't know the path you're on... any path will do.
SH's need to know why they are invested... why they invested originally... and why they are still here.
Me... I'm not stuck... I'm not happy with things... but I believe things will change.
I have absolutely no intention of selling at these ridiculous lows... in fact I have buy order in.
The gold will imo be DRE's savior.... just got to get through the next period.
Once gold production starts and with luck... more gold found.... positive income will change things.
Gold is where it's at.... fingers crossed... we've good prospects, drill baby drill.
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- Ann: CTN: Acquisition of Yerilgee and Evanston
DRE
dreadnought resources ltd
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Ann: CTN: Acquisition of Yerilgee and Evanston, page-66
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Last
0.9¢ |
Change
-0.003(25.0%) |
Mkt cap ! $45.71M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 0.9¢ | $627.5K | 62.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 18121051 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4110768 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 16565540 | 0.009 |
18 | 6221958 | 0.008 |
10 | 7229459 | 0.007 |
1 | 84200 | 0.006 |
2 | 210000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4110768 | 3 |
0.011 | 5600000 | 7 |
0.012 | 7600866 | 11 |
0.013 | 8760777 | 21 |
0.014 | 6408255 | 24 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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DRE (ASX) Chart |