Dateline Rosources (ASX: DTR, OTCQB: DTREF) looks like it is setting up for its next jump. There is a heap of news to come out in the next few weeks and the recent share price settlement seems to have stopped.
Can I see the share price moving up 50%+? Yes. Can I see it going 100%+? Yes. More? Yes.
All in a short space of time, perhaps as little as 6 weeks.
Think about that. Doubling your money in 6 weeks. That's like beating the market for years in just a few weeks.
Also, since DTR is now selling on the OTCQB board in the USA, the pressure on the shares has increased (as has the trading times. Let me explain it with a simple example and you'll get the idea.
If DTR has 100 shares and is only listed on the ASX, then all shares are available in Australia (the only place they can be bought and sold). Yes, international investors can buy some but they have extra hurdles to jump over.
Suddenly, DTR lists in the USA as well as Australia. Now there's 2 trading sessions each day (one in each country) and a lot more eyes looking at DTR. BUT, there's still only 100 shares.
Here's the thing, If DTR sells shares in America (given that DTR is minng in America), those shares are unlikely (not never, just unlikely) to ever come back to Australia and the ASX. So if the OTCQB picks up 20 of those DTR shares, there are only 80 left on the ASX.
This increases share presure and creates scarcity. This can lead to an increase in demand, leading to an increase in share price.
The truth is that the American investors are rapidly grabbing as many DTR shares as possible. Looked at on a moment-by-moment basis (which many sharehoders do, even when they aren't day-traders), it doesn't look like much. But look back at the end of the month and it's a bit WOW!
And some American investors have put it out there that they want ALL the DTR shares.
That, on top of all the news to come is going to make the second half of 2025 very exciting indeed.
Buckle up, here we go (again).
Comments
Post a Comment