DRE only needs a couple of decent funds climbing onto the register and the stock will be hoovered up. The iron stones should do this on their own down here. This is about getting in front of people with money. The management know how to sell the story, so the ongoing promotion is a common sense move. They have a solid growing story in the right place at the right time. The company still has plenty of gas in the tank with news flow. The Chairman's comments around growing 'corporate' activity is telling. Both DT and Paul Chapman have said that they wont be giving anything away and that the sharks might be coming. They need to strengthen the board even more.
This is a significant deposit that could deliver product for decades. Funds and majors want scale. They want tier 1 investments and are willing to pay for those. You guys have seen this in some of the lithium stocks. Once the asset is proven, then its all a value play imo. You can value it. DRE is still growing and its in the tip of the iceberg stage at the moment. I think the sellers are losing their stock. This sort of selling is what provides the liquidity for the real buyers who may turn up in due course. That is actually a positive.
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.28M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.2¢ | $113.1K | 5.141M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1389997 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 529996 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1389997 | 0.022 |
15 | 2097618 | 0.021 |
14 | 11140993 | 0.020 |
8 | 6073629 | 0.019 |
6 | 5363800 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 529996 | 2 |
0.024 | 1066722 | 8 |
0.025 | 460746 | 3 |
0.026 | 2000238 | 5 |
0.027 | 782467 | 4 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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