It still amazes me that the current market price, is still 3 times less than current valuation.
We all know that the market is forward looking and with the dfs well under way,one would assume that the market will soon start to factor,all the milestones that have currently been met into the share price..
As I’ve said before it takes many yrs to get all relevant mining approvals in this country, and drx have all approvals needed to start mining..
Drx state that they currently have 6 interested parties, regarding funding, which remains the last box to be ticked off, and with ENFI know signing a binding agreement,one would have to assume that that risk has now been reduced significantly. There’s many asx penny stocks that may have a genuine resource, but are many many years away from obtaining all approvals necessary,and with much larger market caps.. I’m sure the market will start to take this little company serious very very soon...
- Forums
- ASX - By Stock
- wake up mr market
It still amazes me that the current market price, is still 3...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
-0.001(2.04%) |
Mkt cap ! $125.2M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $133.5K | 5.562M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1215834 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 2044828 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 143461 | 0.012 |
5 | 1149627 | 0.011 |
2 | 1550000 | 0.010 |
2 | 500000 | 0.009 |
1 | 100000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1115578 | 1 |
0.014 | 860000 | 3 |
0.015 | 1064000 | 4 |
0.016 | 37000 | 1 |
0.017 | 1487266 | 2 |
Last trade - 15.51pm 18/11/2024 (20 minute delay) ? |
Featured News
DRX (ASX) Chart |