funny how things change! Looks like DEG may be starved of funds for awhile now the deal with EMG has fallen through so maybe the Andean exploration will be a little more relaxed than planned. On the upside, the iron developments at Beyondie are looking really good and the 20% holding by DEG could be eventually worth a lot more than the $6M they were planning to sell it for. The biggest hurdle for this one is likely to be distance to the nearest rail-head. It looks like EMG holders took the news in their stride but DEG holders were less enthusiastic. Time will tell, but the announcement today could well be good news, and every positive announcement from EMG should give a boost to the DEG share price.
andean, page-2
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Last
$1.23 |
Change
0.020(1.66%) |
Mkt cap ! $2.935B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.21 | $8.926M | 7.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 334167 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 25000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |