DEG 4.59% $1.14 de grey mining limited

Ann: Equity Raise Investor Presentation, page-14

  1. 2,749 Posts.
    lightbulb Created with Sketch. 379
    GM... "I'd be happy if we delayed the next Resource Update (due mid-year) to see where this and the Aquila drilling takes us."

    This is a strategic PR move. On the one hand DEG does NOT generate any revenue; arguably its sole product is news; to stifle/delay news may correlate with down pressure on the sp. OTOH a more blockbuster resource will be quite a sp catalyst to the UPside.

    The PR gamble, then, is simple: which strategy has a superior effect on the sp. NB: Delays provide fuel for both sp collapse and a rocket to da...

    OV
    ***
    *****

 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.14
Change
0.050(4.59%)
Mkt cap ! $2.732B
Open High Low Value Volume
$1.12 $1.15 $1.10 $13.39M 11.83M

Buyers (Bids)

No. Vol. Price($)
10 380096 $1.14
 

Sellers (Offers)

Price($) Vol. No.
$1.15 204419 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.