Problem is the majority of the speculative exploration market remains unloved.
The market will however eventualy decide based on grades, economics and logistics. DRE has a significant number of SOI and if mangaroon gold can allow it to become a self funded explorer the tables can turn significantly. This can even allow for share buy back thus reducing SOI. My personal strategy says hold for at least the next 1-3 years as overall market sentiment needs to turn and the true extent of DRE,s discoveries need time to manifest.
Problem is the majority of the speculative exploration market...
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $63.79M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $8.68K | 529.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3390653 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 3427215 | 12 |
View Market Depth
| Last trade - 15.59pm 11/11/2024 (20 minute delay) ? |
| DRE (ASX) Chart |