DEG 1.46% $1.18 de grey mining limited

I know a few people listening to opinions I post here with my 19...

  1. 634 Posts.
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    I know a few people listening to opinions I post here with my 19 years experience in DEG,for our GoldNotDig friend,today I asked Rick Rule what happened back in 2013 with 15mln Sprott investment into DEG and why Sprott worked away from issue?The respond was short:the issuer(DEG) was working away!
    So for today all of our poor performance including that SP could be in much high 9-10$ range is due to the our famous broker director who knows how to rise capital via shareholders diluting just in 2 years by 11 times!Most companies I tracking with Sprott investment for a periods 3-5 years all did not less that DEG since 2013-2022 in share values,but at no dilution costs,when your market cap is relatively small-you can not squeeze company much down since few shares available for it,plus Sprott at least under Rick Rule management which ended in 2021 used the protection strategies buying back shares of companies they was invested,one of this companies which presentation i watched did not diluted shares for over 10 years using the JV capitals and projects to support major development projects and the company was not project generator model!That's why on average basis investors in DEG would be benefited as a very low value junior for the long period,taking into account that at 1.6A$ per share company still did not brought share price back to 2003 level!
 
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Last
$1.18
Change
-0.018(1.46%)
Mkt cap ! $2.828B
Open High Low Value Volume
$1.20 $1.21 $1.18 $3.261M 2.741M

Buyers (Bids)

No. Vol. Price($)
65 227786 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.19 305927 61
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Last trade - 14.26pm 05/07/2024 (20 minute delay) ?
DEG (ASX) Chart
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