DRE 5.88% 1.6¢ dreadnought resources ltd

Up 12% for the day. No news. No spike in NdPr price. No spike in...

  1. 5,661 Posts.
    lightbulb Created with Sketch. 7906
    Up 12% for the day.

    No news.

    No spike in NdPr price.

    No spike in gold price.

    Just a bounce(ish) in specs.

    Same as on the way down, specs getting smashed and so did DRE.

    It is just one day and only some green shoots showing, but point is that when specs bounce properly, so will DRE.

    DRE-specific news will also have a say in relation to the share price along the way.

    Drilling not far from kicking off for the year (ie. no drilling this quarter so far = no drilling expenditure so far), plenty of news due before then, and also Dean is presenting at RIU on Tuesday next week, so should give us some idea on what's going on currently and what's due and when, and what's coming up and when.

    For those saying, Dean has gone quiet (could be working on something in the background?).

    For those saying, where's the 1 announcement per week - that was the average released since they listed (could've easily been 4-5 announcements per week average if they did what some other companies do and announce "drilling planning commenced (and then completed), heritage/drilling clearance obtained, drilling starting soon, rig booked, drilling commenced, etc, then results released hole by hole, etc). Anyway, 1 per week, average - means some week(s) 0, some weeks 2/3 announcements.

    Cheers,

    GB.
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
-0.001(5.88%)
Mkt cap ! $56.20M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $25.31K 1.579M

Buyers (Bids)

No. Vol. Price($)
21 3118147 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 2131409 9
View Market Depth
Last trade - 13.07pm 03/05/2024 (20 minute delay) ?
Last
1.7¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.6¢ 1.7¢ 1.6¢ 2027532
Last updated 13.34pm 03/05/2024 ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.