DRE dreadnought resources ltd

Yes some very honest appraisals here citing multiple reasons to...

  1. 773 Posts.
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    Yes some very honest appraisals here citing multiple reasons to sell and take the loss or buy more at what appears to be the bottom and wait patiently for the rebound.
    If this massive retrace from one time highs of around 14c was confined to DRE alone then i would have serious cause for concern, however at around the middle of 2022 prices in multiple speculative stocks including exploration, pharmaceutical, oil and gas etc began a steady sell off and subsequent decline. I have watch lists that prove this phenomenon simply by viewing their 5 year charts. Interest in speculation basically stopped. Cost of living crisis, risk mitigation, crypto currency speculation i have no definitive answer to the cause. Therefore I have personally continued to buy DRE at these low prices to both average down with a belief that the speculative arena will at some stage gain a resurgence. So I hold and buy with a long term view that self funded exploration share buy backs excellent management and above all highly prospective tenements will see an eventual and significant re rate of DRE.
 
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(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $60.95M
Open High Low Value Volume
1.3¢ 1.3¢ 1.1¢ $104.5K 8.713M

Buyers (Bids)

No. Vol. Price($)
52 10538331 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2865138 6
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
DRE (ASX) Chart
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