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DRE

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6.25%

1.7¢ dreadnought resources ltd

DRE Chart, page-3391

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vsv8185

30 Posts.

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28/01/24

18:50

Post #: 72098559
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Originally posted by bigcon: ↑

DRE is not going to collapse they have 8+ million in cash following a recent cap raise and a separate drilling program 100% funded by first quantam + they have millions of their own money invested in dre. Unfortunately we are caught up in an overall spec stock down trend, i have a carefully put together watch list which is a sea of red this is an unprecedented spec stock downturn. If it was confined to dre alone then there would be cause for concern. DRE have multiple projects across multiple ground and are exploring for multiple commodities and a significant discovery could be only one drill hole away. In addition specific commoditie prices have collapsed REE, lithium nickel etc further impacting the exploration frount. Fact is we hve to ride out the storm and await an inevitable reversal. To sum up DRE cashed up, highly prospective projects, top exploration team and backing from people who have made previous company making discoveries. The fundamental,s remain the same so patience is now the best strategy good luck and hang in there.

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thanks for your reply it was great to read your thoughts, ive about 10 stocks and they are all at rock bottom so i havent been watching too much but hoping oneday they all will turn around again

DRE Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
14 Upvote

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(20min delay)
Last 1.7¢		Change 0.001(6.25%)		Mkt cap ! $63.79M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.6¢	$58.19K	3.441M

Buyers (Bids)

No.	Vol.	Price($)
4	1669203	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	2869997	9

View Market Depth

No.	Vol.	Price($)
4	1669203	0.017
30	6346035	0.016
48	9008218	0.015
14	3291760	0.014
5	1340730	0.013

Price($)	Vol.	No.
0.018	2869997	9
0.019	1135000	6
0.020	2430007	11
0.021	708388	5
0.022	595500	3

Last trade - 15.37pm 07/10/2024 (20 minute delay)

DRE (ASX) Chart