wsDK huh??..I said in my experience of capital consolidations this has happened 9 times out of 10 that the stock drifts back..
Purav..rule number 1'
..never rely on or take advice from anyone on hotcopper..if you need to do that, give up and put your money in the bank.penny dreadfuls are definitely not for you.
I am just giving personal experience of past consolidations of OTHER penny stocks not DEG..however you do your own research..if you are comfortable that's great..for me personally I like cheap stocks but they must have minimal shares on issue and lots of cash...certainly I would never buy say 500k parcel in DEG at 4 cents post consolidation, but that's my personal opinion..many will say there is no difference as there will be 20 times less shares on issue..but from my experience this higher price gives for chance of the stock price falling further..
But hey I am referring to.other consolidations..I just hate them personally..some other punters may love consolidations LOL.
Good luck.
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Last
$1.40 |
Change
0.055(4.10%) |
Mkt cap ! $3.343B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.41 | $1.36 | $9.178M | 6.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 100920 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |