DEG 2.35% $1.09 de grey mining limited

Ann: Conglomerate Gold - Heritage survey commenced, page-137

  1. 4,203 Posts.
    lightbulb Created with Sketch. 6349
    Hi all.
    After a little chat with shamer.
    A reliable source told him that the selling is due to a particular broker selling his clients shares.
    Hence the lack of notices. ( they are not substantial holders ).
    If you look back at April ( the 12th with the wrong year on the notice but reported in 2017 ) last year you will see the broker, and this will explain the share activity of late.
    Just like you I have been scratching my head but on the 12/4 this year ( just gone ), those share could be sold at around 300% profit with a 50% discount to the CGT liability.
    For some, Why would you not sell?
    It looks like the brakes will be off any day now imo.
    They would have been able to sell at 366 days after that placement and there has been roughly 13M shares traded since then.
    Kind regards, to all.
    Wack ( with courtesy from shamer )
 
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Last
$1.09
Change
0.025(2.35%)
Mkt cap ! $2.612B
Open High Low Value Volume
$1.08 $1.10 $1.07 $6.982M 6.448M

Buyers (Bids)

No. Vol. Price($)
3 6547 $1.09
 

Sellers (Offers)

Price($) Vol. No.
$1.09 456345 10
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