DEG 4.76% $1.21 de grey mining limited

re: Ann: Entitlements Offer Closure and Short... But more...

  1. 1,270 Posts.
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    re: Ann: Entitlements Offer Closure and Short... But more seriously, it does look like the SP is on that same slippery slope. I would never have expected the SP to dip as low as 0.6c, but it has today. Rather, it should have recovered somewhat from the rather low priced placement given the upsides from current drilling, drilling in NZ and progress at Turner River. I wonder if the current trading reflects insider information about poor drilling results from Argentina (DEG does leak like a sieve) or just a general lack of confidence following the fairly unsupported placement? Here's hoping it is the latter, and we will have some great drilling results to boost confidence, coupled with news of good progress on the Turner River JV. At this price the JV partners are better off buying DEG outright than carrying us as a 25% partner! About time they released a drilling update though to boost confidence...

 
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Last
$1.21
Change
0.055(4.76%)
Mkt cap ! $2.864B
Open High Low Value Volume
$1.19 $1.21 $1.19 $9.307M 7.756M

Buyers (Bids)

No. Vol. Price($)
3 33645 $1.21
 

Sellers (Offers)

Price($) Vol. No.
$1.21 12149 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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