DEG 2.19% $1.34 de grey mining limited

Ann: Further strong gold hits ar Mt Berghaus, page-112

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  1. 296 Posts.
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    Hi All
    Sorry I have not posted for a while, I actually got out of DEG recently.
    When it dipped below this red line.

    I had brought in at 4 cents and held for over a few years so though it might be good to cash out on a four bagger with lower capital gains tax. Then I sold my options as well (6bags)
    I paid off some debt, put a lot of it into ARV - and have some saved to re-invest in DEG when I think the time is right. In hindsight could of got out higher but you know.
    The share market can be crazy - in this day and age - shorting and manipulation - anything can and will happen + it seems.

    I don’t hang my hat on the conglomerate. - too hard (literally- right QH)
    My gut feel is that management is focused on successfully gaining the 6 mill they will get when they exercise the options end of Nov - understanding that shorters and manipulation are current in today’s marketplace.
    I am sure management have kept a few Aces up there sleeve, To be released closer to the time - Aces? or is it a King ....???
    A King Col- King would be hard for anyone thinking of shorting to combat - when PLS and KDR investors star jumping in on DEG.
    Anyway I’m taking a simple approach and waiting till it jumps above this red line, then I’m back in!
    In like Flin.
    Always with risk of missing the boat I guess- and understand..
 
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Last
$1.34
Change
-0.030(2.19%)
Mkt cap ! $3.211B
Open High Low Value Volume
$1.39 $1.39 $1.34 $8.675M 6.440M

Buyers (Bids)

No. Vol. Price($)
5 83628 $1.34
 

Sellers (Offers)

Price($) Vol. No.
$1.34 63620 4
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Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
DEG (ASX) Chart
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