DRE 2.38% 2.2¢ dreadnought resources ltd

To all the 'sky is falling' crowd-Not a single member of...

  1. 64 Posts.
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    To all the 'sky is falling' crowd-
    Not a single member of management have sold any shares to date and clearly believe that sometime in the future SP will be much higher. And when that happens mgt might sell at that point indicating to me that the SP is probably too high and they would expect a prolonged decline longer than what we have seen here over the past year.

    Why would management throw in money if they knew the ground they hold is no good and not sell into the previous high of 15.5c????????????

    I understand that some investors sell and move on because the perceived time horizon for results is too far out into the future and that's fine with me because I can buy them for cheaper.
 
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2.2¢ 983668 4
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Last trade - 15.35pm 30/07/2024 (20 minute delay) ?
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