I think the strategic importance with funds to quickly execute their good plan greatly out weight the dilution for DEG at this specific point in time.
Deg could have limped through with the 3.2 M in the bank but too many opportunities to exploit in a short time.
Ann: $6.0M Capital Raising to accelerate Exploration programs, page-21
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Last
$1.16 |
Change
-0.005(0.43%) |
Mkt cap ! $2.786B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.19 | $1.16 | $3.230M | 2.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 216996 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 54983 | 23 |
View Market Depth
| Last trade - 14.02pm 09/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |