It might seem quiet on the ASX listings right now, but the obviously valuable iron ore reserves kindly and unexpectedly donated to DEG's asset collection isn'y going anywhere! The sp won't stay 'quiet' for very long IMHO.
At the very least, the stock has to be worth at least 15-20 cents now, and probably 2 or 3 times that after reserves are confirmed imo. They now have something valuable to sell and so raise capital if they choose to go down their old road. Lots of great options are about to open up for poor old DEG ... and it's about time to!
all gone quiet, page-6
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Last
$1.22 |
Change
0.075(6.55%) |
Mkt cap ! $2.900B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $9.503M | 7.887M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 204143 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 152141 | 27 |
View Market Depth
| Last trade - 14.57pm 13/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |