I think IMU much lower than what the newsflow suggests it should be, and DREs news is not what it should be, but it has been excessively punnished for that too.
I think the grandiose comparisons to major projects and price predictions have left a lot of jilted holders that are running for the exits. This in itself can present as an opportunity, but a catalyst is still required IMO for price reversal.
Chart for now holding historic 2c support, seemed like a few buyers helped put a floor there today.
I think IMU much lower than what the newsflow suggests it should...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.23M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $32.06K | 1.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1878458 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1268488 | 5 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
0.000 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 608000 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| DRE (ASX) Chart |