There is a significant flaw to your thoughts.
It has only traded $10,000 worth today.
Ave volume is 500,000 shares a day or $70k.
Anyone or any company can step in and start buying.
The question you should be asking is why no-one is buying and it isn't manipulation stopping them.
The big end of town isn't convinced and that's the issue. Actually 99.5% of Australians aren't convinced.
If 10% of Australians were convinced the price would be out of control.
There's only 3.6m shares on the sell side. That's $450,000 worth.
Tell a few friends to sell their houses and invest as they will make a killing.
Then you will see the real reason why we are where we are and I'm not complaining.
Its allowed me to accumulate more.
Patience is required in spades with this type of investing. Its high risk no matter which way you look at it.
- Forums
- ASX - By Stock
- DEG
- Ann: Coarse gold at Loudens Patch in first bulk sampling
Ann: Coarse gold at Loudens Patch in first bulk sampling, page-70
Featured News
Add DEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.34 |
Change
-0.030(2.19%) |
Mkt cap ! $3.211B |
Open | High | Low | Value | Volume |
$1.39 | $1.39 | $1.34 | $8.675M | 6.440M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 83628 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.34 | 63620 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 83628 | 1.335 |
5 | 154546 | 1.330 |
2 | 94048 | 1.325 |
3 | 84919 | 1.320 |
1 | 400 | 1.315 |
Price($) | Vol. | No. |
---|---|---|
1.340 | 63620 | 4 |
1.345 | 82049 | 5 |
1.350 | 183400 | 5 |
1.355 | 85696 | 4 |
1.360 | 108836 | 2 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |