GM... "I'd be happy if we delayed the next Resource Update (due mid-year) to see where this and the Aquila drilling takes us."
This is a strategic PR move. On the one hand DEG does NOT generate any revenue; arguably its sole product is news; to stifle/delay news may correlate with down pressure on the sp. OTOH a more blockbuster resource will be quite a sp catalyst to the UPside.
The PR gamble, then, is simple: which strategy has a superior effect on the sp. NB: Delays provide fuel for both sp collapse and a rocket to da...
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Ann: Equity Raise Investor Presentation, page-14
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Last
$1.09 |
Change
0.025(2.35%) |
Mkt cap ! $2.612B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.10 | $1.07 | $6.982M | 6.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6547 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 456345 | 10 |
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| DEG (ASX) Chart |