DYOR ... but DEGTANIC is sinking.... evident that this SP is free falling...
based on the financial statement I posted above....
financial health is too weak...
liabilities are trippled since last year...
After these news the share price should be increasing but why its not pumping..... rather dumping????? simply because DEG has to fill the holes in their own boat first with the raised capital.. ................... then they will start looking for share holders.....
IMO ... the key here is time........ and you will not see any short term benefit...
however I say ... any Long term holder will eventually get benefit of it.....
though it all depends on progress announcement....
Ann: Bonanza Gold Target Secured - Blue Moon Prospect, page-110
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Last
$1.48 |
Change
-0.045(2.95%) |
Mkt cap ! $3.547B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.51 | $1.46 | $9.182M | 6.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 138169 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 93049 | 3 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |