Welcome to the wonderful world of speculative investment. Rule number 1 never invest what you cant afford to loose. Rule number 2 expect volatility. Rule number 3 try not to get emotionally attached to the stock. Rule number 4 you can never pick the bottom or the top.
In DREs defence this pull back is across 98% of spec stocks my spec watch list shows 50% plus declines across the board.
However i do believe DRE must make a significant discovery this year or the dilution of another cap raise next year will make the billion + company making dream almost impossible. DREs 21 million cap raise was a stroke of genius and allows for drilling all year. At the end of the day no one knows what is going on behind the scenes. We can speculate look at satelite images read chart predictions, broker recommendations ect ect but to make money here we need company making drill cores. DT has talked DREs potential up big time now he has to prove it and only time will tell. Enthusiastic team cashed up drilling flat out cant ask for more. This is not a lifestyle company and given time we have a better chance than many of hitting the big time.
DRE Chart, page-2400
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Last
1.6¢ |
Change
0.001(3.33%) |
Mkt cap ! $58.16M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $29.61K | 1.955M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 6458946 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 5123465 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 6458946 | 0.015 |
19 | 5271353 | 0.014 |
14 | 8552733 | 0.013 |
4 | 2085304 | 0.012 |
1 | 1500000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 2123465 | 6 |
0.017 | 3753918 | 13 |
0.018 | 3868495 | 16 |
0.019 | 3569582 | 13 |
0.020 | 1698866 | 10 |
Last trade - 15.26pm 14/11/2024 (20 minute delay) ? |
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DRE (ASX) Chart |