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Online Share Trading

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hennyc
Occasional Contributor
Anyone care to guess what the price could hit to ? (Now that they are breaking even+)
3 REPLIES 3
Russ
Super Contributor
There's some technical analysis on it on the "market overview" page.
Eppies
Frequent Contributor
I made well over 100% on DRD and switched to Anglo Gold Ashanti where I am 53% positive and now able to sell and buy more than 10 000 more DRD shares than what I owned before I exited plus a plus R10 000 cash. I seriously think this share is going to grow as long as the gold price is over R580 000/Kg, currently it is over R631 000/Kg. The other good think is that DRD is also working to reduce the AISC, which will place it on very good growth path and lower gold price will not effect it a lot. DRD is using profits on high gold price to good effect by reducing debt which will make profits more sustainable. I think it is a great company and are looking for a retracement to get back in. The problem is the volume that are traded per trade is low and I want to buy over a huge amount of shares.
hennyc
Occasional Contributor
ok cool, Im sure the volume will increase as it gains momentum