DRE 0.00% 1.7¢ dreadnought resources ltd

I agree, nice news. But we wouldn't be over 5c on it, no matter...

  1. 170 Posts.
    lightbulb Created with Sketch. 74
    I agree, nice news. But we wouldn't be over 5c on it, no matter when it was announced. It's a pointer to a possible great future confirmation of REE but that's all. We'll be lucky, IMHO, if the SP gets to, and stays around 4.6c or 4.7c, on this. It's another very healthy prospect for DRE but until some of these prospects become actual resources then the SP will not budge a great deal. Patience and the mid- to long-term play is the name of the game with DRE. It won't fly this year and may not even reach double figures next year. The market won't get very excited about a 'maybe'. I believe that DRE is one of the best junior explorers I've seen but it, like all others, is reliant upon firming all these results into something that other companies want. That is a way off yet. The future looks very bright. In the meantime it's a bargain buy. All IMHO and DYOR.
 
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.