My advice would be to stick with your original reason for buying into DEG, if fundamentally, nothing has changed. We are currently unfortunate; for a limited time there will be poor sentiment and a DEG overhang of .10 cent options. I believe a very high proportion of those will be exercised over the next 3 to 6 months. Next Option trading levels in the 20 cent + range.
This will raise 5 to 7 million. Enough to extent Indee and continue exploring into early next year.
Frustrating yes but not a good time to make rash decisions.
Ann: Indee Gold - Acquisition Update, page-25
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Last
$1.39 |
Change
0.020(1.46%) |
Mkt cap ! $3.331B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.42 | $1.36 | $10.25M | 7.383M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 79543 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 16000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |