No, I don’t think so. It doesn’t work that way. For DRE to rise much higher it will need more news that is at least excellent - so an outstanding result in the rare earths area, exciting preliminary resources estimates, big and better proven areas of mineralisation etc. DRE won’t punch much higher this year unless It announces a stellar result. The best is yet to come, hopefully, Daniel, but this is a junior explorer. If we get a string of average results the price will retreat again. As I’ve said before it is unlikely DRE will reach double figures inside the next 12 months and it may take even longer. And, of course, if it doesn’t find the resources it needs it may not happen at all. It all looks very promising but there is a long way to go.
No, I don’t think so. It doesn’t work that way. For DRE to rise...
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Last
1.7¢ |
Change
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Mkt cap ! $59.72M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $95.75K | 5.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2207951 | 8 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
0.000 ( 6.06 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.7¢ | 1.6¢ | 3383255 | ||
| Last updated 15.54pm 03/05/2024 ? | |||||
| DRE (ASX) Chart |