Pretty obvious DEG is toast ,remains extremely overvalued.
Macro markets very bad right now ,gold down a lot today .
Interest rates up.
Explorer stocks with no prospect of cash flow for years getting hammered today .
The question is how low will it go before it becomes an attractive takeover for a major with money and patience .
My guess is well below 50 cents .
We will see what Mr market has to say
Chart - TA, page-2663
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Last
$1.18 |
Change
-0.010(0.84%) |
Mkt cap ! $2.852B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.18 | $7.266M | 6.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 384985 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 182816 | 5 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |