DEG 1.46% $1.39 de grey mining limited

A lot of stock just placed at $1.10. some of the buyers (who...

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  1. 1,582 Posts.
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    A lot of stock just placed at $1.10.

    some of the buyers (who haven’t paid the $1.10 yet) will be short term players who have borrowed stock and sold at $1.15-$1.25 last few days.

    Guarantees a 5-10% return in a few days so has been a good trade.

    from Deg’s point of view. Good they got the capital to build the mine but comes with downward price in the share price short term.
 
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