DRE 13.3% 1.7¢ dreadnought resources ltd

Ann: Trading Halt, page-61

  1. 190 Posts.
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    It's difficult to attribute an appropriate level of hype to this kind of trading halt. It's all speculation, and share markets function on overhype, underhype, realistic levels of hype and everything in between. It all presents opportunities for traders, depending how one reads it, while LT holders don't care a jot. What I will say is that I put about a 5% chance of the money intrusion becoming anything remotely substantial. With these impending material results alone, that percentage just went north by a few multiples. How far north, who knows - we'll have to wait for the results. What is extra promising though is that it's clearly the first drill hole that has hit something substantial, which increases the likelihood of one or more of the others doing the same. I'm going to enjoy a bit of excitement after what has been an abysmal period.
 
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