I am quite certain we will never revisit $0.75 again. DEG's valuation is based on ounces in the ground rather than the current POG.
I do agree that if POG breaks down below support at $1825, we could see $1750 before we see new highs; as I stated in prior posts.
DEG has good support at $1.20 and IMHO, this is where it may hit before it starts moving strongly higher again.
Ann: Investor Presentation - 2023 RIU Explorers Conference, page-13
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Last
$1.20 |
Change
0.015(1.27%) |
Mkt cap ! $2.864B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.19 | $5.159M | 4.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10458 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 101252 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |