DRE dreadnought resources ltd

"A change of government in the WA election early next year...

  1. 2,524 Posts.
    lightbulb Created with Sketch. 331
    "A change of government in the WA election early next year (potentially earlier) means that the Uranium ban will be reversed. I follow a couple of WA based uranium stocks, TOE and CXU. Both are hopeful of a change in Government in WA. McGowan pissed off a lot of people in WA during covid and then abandoned ship like a rat. You can’t just replace the premier and expect to win. My money is definitely on a change of government and an LNP victory which means Uranium is on again."

    The WA State Election is a year from now - 8th March 2025. Not sure why you suggest earlier.
    https://www.elections.wa.gov.au/elections/state

    "In 2021 Labor won 53 seats to two Liberals and three Nationals. On the old boundaries the Liberals and Nationals needed a uniform swing of 23.4% to gain the 24 seats needed for government. The new boundaries do little to alter the swing needed."
    https://antonygreen.com.au/western-australia-redistribution-final-boundaries-released/

    A recent poll "has Labor with a two-party lead of 59.4-40.6, and while this amounts to a 10% swing from the black swan event of 2021, it is by normal standards a remarkably strong result for a government".
    https://www.pollbludger.net/category/western-australian-politics/

    Largest swing I can find is 14.6%. And then some around 10%.
    https://www.abc.net.au/news/2011-03-04/the-largest-swings-in-australian-history---the-measuring-post-fo/9389712

    Your money's on a 23.4% swing? Are you sure? You've thought this through, right?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $45.71M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $18.3K 1.986M

Buyers (Bids)

No. Vol. Price($)
56 19508613 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 6377440 16
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.