The problem I have with this curve in connection with DEG is that there are at least 2 yrs (and that's the absolute best-case scenario, most likely 3 years) before DEG starts producing. So why would an investor buy shares now. Occasionally DEG might release a good exploration report which "might" push the price up briefly B4 it falls again. No, I think DEG will be stuck under $1.20 and could very likely drop under $1.00 and worse until 2H 2025.
Chart - TA, page-3930
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Last
$1.41 |
Change
0.010(0.72%) |
Mkt cap ! $3.367B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.39 | $7.025M | 4.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 73859 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |