DRE 6.67% 1.6¢ dreadnought resources ltd

Ann: High-Grade Cu-Ag-Au-Co Discovery at Orion, page-32

  1. 170 Posts.
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    Great work DRE but don't expect this to fly too high. Could be wrong but I expect a retrace sometime today as profit-taking occurs. I would think a finish at 5c or above would be a very good outcome, but a slip back to around 4.7 or 4.8 wouldn't surprise me. On the ASX at 10.15am there were 25m shares up listed on the sell side between 5c and 5.5c alone and the buy side was very weak after the initial buy up of 23.8 million shares in the first 12 mins on the ASX. Then it slipped to 4.9c at 10.18am when the 4.9c buy line was wiped out. Be interesting to watch where it stabilises but it won't be a huge ramp up in the share price – although I hope I'm wrong. IMHO, DYOR.
 
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