Australia's largest stock trading and investment forum Australia's #1 stock forum

DRE

Click for more information

15.0%

1.7¢ dreadnought resources ltd

I think global unrest is the main factor many aren't speculating...

First 9 Last

Share
Profile

Follow
McKhenry

5,389 Posts.

878

13/06/24

11:20

Post #: 74294471
Share

Originally posted by bigcon: ↑

All just speculation and wishful thinking and to be honest nothing wrong with that.
However as per a previous post i wrote the following applies( in my opinion for what its worth).
A: The overall speculative exploration market is in the doldrums even those with good ground and reasonable prospects and discoveries are going nowhere its unusual and unprecedented. So some how the spec end of the market has to turn around.
B: DRE is progressing well but now needs that big discovery (or two). Big second half of the year coming with lots of drilling planned.
C: What direction will Australia take in the critical minerals world have we missed the boat will we become the green energy power house ? Given our governments track record possibly not, we are unfortunately governed by short sighted fools. Australia has become a lazy unproductive entitled country with a dig it up ship it out mentality.
So lets see how many of these stars align an the SP will be what it is. This is a very different market to what we have had historically.

Expand

I think global unrest is the main factor many aren't speculating on small caps, people are being defensive and putting money into tangible assets. Property and physical gold.

DRE Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

AAR

Your questions From the Floor: Astral Resources (ASX:AAR)

From the Floor with Kim Beazley at Diggers and Dealers 2024

Your questions From the Floor: Fenix Resources (ASX:FEX)

From the Floor: Minerals Council WA chief talks uranium and gold

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

There are more pages in this discussion • 26 more messages in this thread...

First 9 Last

Add DRE (ASX) to my watchlist

(20min delay)
Last 1.7¢		Change -0.003(15.0%)		Mkt cap ! $60.11M

Open	High	Low	Value	Volume
2.0¢	2.0¢	1.6¢	$421.4K	23.28M

Buyers (Bids)

No.	Vol.	Price($)
2	236930	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	110000	2

View Market Depth

No.	Vol.	Price($)
2	236930	0.017
17	4082936	0.016
11	3215798	0.015
5	1543928	0.014
3	2098888	0.013

Price($)	Vol.	No.
0.018	110000	2
0.019	1182622	3
0.020	375828	3
0.021	370000	2
0.022	1002500	3

Last trade - 16.10pm 05/08/2024 (20 minute delay)

DRE (ASX) Chart