I think IMU much lower than what the newsflow suggests it should be, and DREs news is not what it should be, but it has been excessively punnished for that too.
I think the grandiose comparisons to major projects and price predictions have left a lot of jilted holders that are running for the exits. This in itself can present as an opportunity, but a catalyst is still required IMO for price reversal.
Chart for now holding historic 2c support, seemed like a few buyers helped put a floor there today.
DRE Chart, page-3415
Add DRE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $63.23M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $57.72K | 3.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1755335 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 27222 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.8¢ |
Change
-0.002 ( 7.22 %) |
||||
| Open | High | Low | Volume | ||
| 1.9¢ | 2.0¢ | 1.8¢ | 2083445 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| DRE (ASX) Chart |