DDD 10.0% 0.6¢ 3d resources limited

Ann: Quarterly Cashflow Report, page-119

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  1. 4,793 Posts.
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    Yesterday bought is a straight line wipe with 1 order of 20m plus another one order of 5 or 6m from memory...

    Then today trades are many orders went through so I assume:

    Some one bought in yesterday triggered by that big line wipe before auctions and during auctions plus todays morning trades wanna bail out when did not see 0.6 got taken plus many millions executed at 0.45c (for quick tiny profits) could account the majority of today's 20m traded.....

    You could easily bought 5m at 0.5c and sold back at 0.5c to make 10m turnover....

    So don't worry too much and I recon that one big line wipe might took position for possible left field news.....

    0.5c is really the average for DDD and management stated they have enough funds to do initial exploration at both Cosmo gold and Hall creeks Zinc so given the expensive part of drilling is DD so I believe they could management to return some nice finding at that 2 quality projects and come back to market for more big funds when SP lots higher than 0.5c......

    I sit tight....
    Last edited by xindongzuitaohua: 07/02/17
 
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