DEG 4.59% $1.14 de grey mining limited

Ann: Further high grade drilling results achieved at Withnell, page-50

  1. 1,531 Posts.
    lightbulb Created with Sketch. 985
    When they made the offer what was the share price?
    It was under 5c.
    So go work out the dilution from there and you should have a different take as it would have been 300,000,000 s it was before conglomerates.

    I'm singing the praises because they had the guts to make a play for something 3 times their market cap.


 
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