Thanks for the detailed analysis and welcome back, 2ic. Hopefully those who agree and those who disagree with your views can all keep it civil upon your return!
If your suggestion that there could be no results and announcements of much market significance in 2024 is correct, then we are in for a world of pain still to come. Hopefully some good news is just around the corner, though. This optimism is why I plan to hold a small parcel of the shares that I averaged down since my initial purchase 12 months ago. However, having learnt a bit about technical analysis over the past few months, I think it's in my best interest to sell most of my holding, take the tax benefits as a silver lining to an expensive lesson in my first foray into microcap explorers and wait for the charts to trend upwards before considering jumping back in in a bigger way. Failing a big announcement in the next month or two, $0.015 is a chance, unfortunately.
Good luck to all, especially those with bigger kahunas or more optimism than me. I still have confidence in DRE and its management, but while the knife is falling, I feel the best option for my circumstances is to step out the way. Mostly.
DRE
dreadnought resources ltd
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.79M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $23.77K | 2.382M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 21206578 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 5025429 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 21206578 | 0.009 |
23 | 12357332 | 0.008 |
11 | 9587030 | 0.007 |
7 | 9629311 | 0.006 |
3 | 360000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 5025429 | 10 |
0.011 | 7556864 | 15 |
0.012 | 7977324 | 13 |
0.013 | 4739348 | 19 |
0.014 | 7551365 | 25 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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DRE (ASX) Chart |