DRE 6.25% 1.7¢ dreadnought resources ltd

Surely you're kidding? Many many companies trade below a CR as...

  1. 13,791 Posts.
    lightbulb Created with Sketch. 7171
    Surely you're kidding? Many many companies trade below a CR as generally there's a little pump prior to a CR to increase VWAP for a higher raise and then the market gives it a smack. Incredibly common. Clues were given when there was a decent gap down on the news, market didn't like the terms.

    Gap close this week IMO. But just keep an eye on MACD as it's merging positively.

    Cheers.

    https://hotcopper.com.au/data/attachments/5673/5673110-70378500b65c4128116e8e11771ed7ad.jpg





 
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