DEG 1.23% $1.21 de grey mining limited

Ann: Trading Halt , page-4

  1. 58 Posts.
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    No surprise a cap raising was about to happen. Even so, I think companies like DEG should plan better and do any cap raising ahead of the last minute. I think they miss opportunities at higher prices because they hold out hope of better share prices until they then have no option left but to raise funds at a low point.

    I am anticipating we will soon have 3x the shares we had a couple of years ago... and not surprisingly they are currently worth about 1/3 what they were back then. A vicious cycle... the number of shares added to fund exploration keeps growing. It is good to be the "bold explorer" but we need a solid outcome.... beyond a 1% royalty here or there.

    Elisby1
 
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Last
$1.21
Change
-0.015(1.23%)
Mkt cap ! $2.888B
Open High Low Value Volume
$1.22 $1.25 $1.20 $4.493M 3.693M

Buyers (Bids)

No. Vol. Price($)
2 29601 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.21 34149 3
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
DEG (ASX) Chart
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