If DRE were to receive $1.8B, that'd put it at $0.585/0.586 a share. Almost 6x from there we are right now, but nowhere close to 4 bucks.
To get to that level, we need a lot more to be discovered in the ground. DRE wouldn't be mining either. And i they were, there'd be even more dilution to raise the funds needed.
I'd like to see 4 bucks but it's not something that I envision happening. I'd be more than happy with just $1.
General Discussion, page-311
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Last
1.8¢ |
Change
-0.001(2.78%) |
Mkt cap ! $61.47M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $20.55K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 411668 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 4086986 | 16 |
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| Last trade - 14.56pm 21/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
-0.001 ( 5.56 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 795979 | ||
| Last updated 15.12pm 21/05/2024 ? | |||||
| DRE (ASX) Chart |