DRE 0.00% 2.0¢ dreadnought resources ltd

"not worth the stress with this one"I feel ya. With DRE though,...

  1. Oon
    1,188 Posts.
    lightbulb Created with Sketch. 64
    "not worth the stress with this one"

    I feel ya.

    With DRE though, it is all a function of the average cost base. If I had become aware of it when it was at a lower tier, then it would all be good, but I took a gamble on the good news when it was mid 4's, and the expectation of the ongoing news, but DRE unfortunately has xyz entities (underwriters?) trying to flog millions of shares off in the 4c range, so the gamble didnt pay. Theres like, what? 15 to 20 million shares already programmed to sell?

    We all know its idiocy in the extreme, but thats not how debt works...interest is being deducted, repayments have to be made, etc, etc. Are any of us leveraged? You bet your life Im not! And Im not planning on starting now.

    No choice but to have patience now! Annoying though.
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.