im massively bullish on DRE, and have (had) been holding since the march lows...
but alot of people here need some perspective.
at 6c DRE had a Market cap of 150mil - thats huge for an explorer with no resource and lots of rock chip samples
at 4c = 100mil which i still think is over valued
with over 2billion Shares on issue, whats your trade target for buying at 6c ???
a major discovery (like RTR) would only get you to 12c (300mil market cap)
there are aussie gold explorers with 1mil + oz JORC reserves valued less than 50mil
Ive got my buy orders in much lower - if it gets hit great, if not oh well - move on to the next one
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im massively bullish on DRE, and have (had) been holding since...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $59.72M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $59.31K | 3.684M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1012050 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2688923 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1012050 | 0.016 |
46 | 7149087 | 0.015 |
14 | 3542523 | 0.014 |
3 | 1520999 | 0.013 |
6 | 3894840 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2688923 | 11 |
0.018 | 2359168 | 6 |
0.019 | 1021119 | 8 |
0.020 | 1797512 | 9 |
0.021 | 4121225 | 9 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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DRE (ASX) Chart |