DEG 4.76% $1.21 de grey mining limited

Ann: Response to ASX Aware Query, page-21

  1. 4,893 Posts.
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    Trying to figure out the timeline:

    09th Apr - "Brolga Grows" announcement

    16th Apr - AFR publishes cap raising rumour
    16th Apr - DEG issues "denial" of cap raising in the near future

    17th Apr - rising DEG share price

    20th Apr - rising DEG share price

    21st Apr - mild pullback in DEG share price

    22nd Apr - "Aquilla and Brolga Results" announcement at market open
    22nd Apr - Bell-Potter & Argonaut deliver cap raising proposal and is presented to DEG board after market close

    23rd Apr - Surprise "Trading Halt with future Cap Raising" flagged - presumably this "locks out" other capital raising proposals from elsewhere?

    28th Apr - "Details of Cap Raising" announcement



    Its just a thought but I can't see how its in Bell-Potter's or Argonaut interest to leak to the AFR journalist, the other actors in this are possibly DGO, Azure, or someone within DEG itself. Surely its just a matter of working through the obvious motivations, timing and consequences of the leak to work out who leaked and why?
    Last edited by eastwest101: 06/05/20
 
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