Australia's largest stock trading and investment forum Australia's #1 stock forum

DRE

Click for more information

15.0%

1.7¢ dreadnought resources ltd

plenty of people go bankrupt before hitting it big even many...

First 237 Last

Share
Profile

Follow
pete11

10,368 Posts.

609

20/06/24

14:13

Post #: 74409059
Share

Originally posted by curlednoodles: ↑

drean tried his best, he invested his own cash, he has a great team, but sometimes thats just not enough, in a rising rate environment, the world drowning in debt, no one is gonna invest big bucks into something thats not making any money, unless its just for a punt...

I really dont understand your response and pessimism. To say DRE will go bust by the end of the year off US election speculation is baffling to me. Your comment ignores everything DRE has found to date. Those resources dont suddenly disappear or become worthless if Trump or Biden is elected.

"Dean tried his best" This implies Dean has a say in what's under the ground. No one, not Dean, not me, not you, not 2ic, not Donald Trump knows whats under the ground until its drilled. Dont forget the board invested 1.3M of their own cash at 10c. They must be confident to do that..

Expand

plenty of people go bankrupt before hitting it big even many billionaires have gone broke before reinventing themselves in the corporate world before striking it to the big time, going broke in the corporate sense is actually a must many times for self made elites it teaches you what not to do next time when they get fresh funding and start a new company again

DRE Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

AAR

Your questions From the Floor: Astral Resources (ASX:AAR)

From the Floor with Kim Beazley at Diggers and Dealers 2024

HCL

HighCom receives new body armour worth just short of $9M

Your questions From the Floor: Fenix Resources (ASX:FEX)

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

There are more pages in this discussion • 88 more messages in this thread...

First 237 Last

Add DRE (ASX) to my watchlist

(20min delay)
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)

DRE (ASX) Chart