your excitement reads like the start of a classic pump... "go check out WA1", "no need for a CR" "second best time of the year for stock pumps"... and I welcomed you to the thread. DRE been sitting unbid on no volumes for ages, in need of a CR, and Dean has provided with a timely WA1 comparison (he does love comparisons) and suddenly te market is stacked with bidders
Obviously I dont have to tell you how a pump works, if you can 'start a fire' with the right excitement and give the price-volume a kicker then day traders will pick it up on their scans and start piling in, pumping twitter and social media etc. I'm stoked for the long suffering who now have a chance to exit some stock at better prices if they choose. Fundamentals are important to where the share price eventually ends, imho, and that is my value to the thread, although others will disagree.
So the stage is set the way I see it...
Luckily Mangaroon drilling can be put off because the market really doesn;t rate it
Kimberley drilling opened up early, market still rates that some chance and will fund it (although I don;t)
CR is required, and trying to hitch their wagon to WA1's star is as good a fashion pump as they are going to get
So, give the shares a push then Th for a CR before Kimberely drilling...
Interesting to see how things pan out, GLTAH
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Last
1.7¢ |
Change
-0.003(15.0%) |
Mkt cap ! $60.11M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.6¢ | $421.4K | 23.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 236930 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 110000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 236930 | 0.017 |
17 | 4082936 | 0.016 |
11 | 3215798 | 0.015 |
5 | 1543928 | 0.014 |
3 | 2098888 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 110000 | 2 |
0.019 | 1182622 | 3 |
0.020 | 375828 | 3 |
0.021 | 370000 | 2 |
0.022 | 1002500 | 3 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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