Short term speculators bailing because of falling enthusiasm for the conglomerate story and some speculation by Kaiser and others that at the grade Novo released from the sampling of their congo, that it may be uneconomical to mine underground so overall value may be a lot lower than early exhuberant expectations. So DEG is reverting to its structural valuation rather than the added maybe of the conglomerate. Its all a punt, but any hits in the current Farno drilling could turn it skyward .
Short term speculators bailing because of falling enthusiasm for...
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Last
$1.19 |
Change
-0.015(1.25%) |
Mkt cap ! $2.840B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.17 | $6.681M | 5.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 191729 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 110027 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |