DEG’s “dominant position” in the region is panning out like I expected
https://hotcopper.com.au/threads/ann-completion-of-fully-underwritten-a-125-million-placement.6367349/page-76?post_id=57061876
https://hotcopper.com.au/threads/ann-falcon-drilling-update.5623838/page-275?post_id=47485322
although DGO did sell out but the effect has been to make DEG harder to take over because GOR has smaller market cap than DEG so can’t swallow DEG itself, but is bigger than DGO was, so is harder for another player to take over in order to get to DEG’s assets. Essentially all these tactics are giving DEG time to get even bigger and more “dominant”
Deg Does a 50/50 JV with Novo and buys 10% of the company, page-10
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Last
$1.09 |
Change
0.010(0.93%) |
Mkt cap ! $2.612B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.09 | $1.05 | $7.418M | 6.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 22760 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 344372 | 13 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |