Not entirely sure about accumulation. Volume is very low. $770k in value in the last Month.
Definitely some selling pressure still though. I think strong selling will continue between .13c-.16c. I suspect a few will take advantage of positive gold sentiment to sell around this mark. Especially those who exercised options and see it as an opportunity to flip for some quick profit. Wouldn't surprise if this inches up in price at small volume to entice buyers into their sell zone.
Interesting times. We need to prove up that resource and decide on how best to advance the projects. Whether that's a JV with a major or whether that's pushing ahead on our own. We will need a larger resource and obviously a raise if we want to push ahead on our own. Acquisition possibly off the table at the moment with this gold price. From what i read, the juniors are asking for too much of a premium. No -one wants to sell cheap and no-one wants to pay overs.
I'm sitting tight to see how it plays out.
- Forums
- ASX - By Stock
- DEG
- Novo ore sorting @egina results
Novo ore sorting @egina results, page-60
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.39 |
Change
0.020(1.46%) |
Mkt cap ! $3.331B |
Open | High | Low | Value | Volume |
$1.36 | $1.42 | $1.36 | $10.25M | 7.383M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 79543 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 16000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 79543 | 1.390 |
7 | 119661 | 1.385 |
4 | 276733 | 1.380 |
4 | 134979 | 1.375 |
4 | 115965 | 1.370 |
Price($) | Vol. | No. |
---|---|---|
1.395 | 16000 | 1 |
1.400 | 94889 | 5 |
1.405 | 103533 | 3 |
1.410 | 86913 | 3 |
1.415 | 221270 | 4 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |