I don't think anyone is making money with the miners atm...if EPC's win large projects today, inevitably they left money on the table. The miners will take the security if the contractor fails which also leaves them enough to find someone else to complete the project and back-charge the administrator. So no risk! I was hoping that the pick up in iron ore will reduce competitive pricing but dhg's comment I think has cred.. On a positive, I'm hearing someone is running their ruler over the DCG bones so in everyone's best interest to talk up the Infrastructure boom and this project win - thats what I was banking on to get me to 10c...
Ann: Decmil Wins $41M Iron Bridge Contract, page-23
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Last
29.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.50M | |||
| Open | High | Low | Value | Volume |
| 29.3¢ | 29.3¢ | 29.3¢ | $14.91K | 51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3451630 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 838295 | 14 |
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| Last trade - 11.15am 12/07/2024 (20 minute delay) ? |
| DCG (ASX) Chart |