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Dreadnought Resources Limited ( (AU:DRE) ) has issued an update.
Dreadnought Resources Limited has completed its unmarketable parcel share sale facility, allowing shareholders with holdings valued under $500 to sell without incurring brokerage fees. This initiative, which saw 2,156 shareholders sell a total of 35,635,025 shares, aims to reduce administrative costs and encourage digital engagement among shareholders, with payments to be processed through Automic Registry Services.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
More about Dreadnought Resources Limited
Dreadnought Resources Limited operates in the resources sector, focusing on exploration and development of mineral projects. The company is listed on the Australian Securities Exchange (ASX) under the ticker DRE and is involved in initiatives to streamline shareholder engagement and reduce administrative costs.
Average Trading Volume: 5,625,871
Technical Sentiment Signal: Sell
Current Market Cap: A$50.79M
Learn more about DRE stock on TipRanks’ Stock Analysis page.