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.
My advice would be to stick with your original reason for buying...
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Last
$1.38 |
Change
0.043(3.17%) |
Mkt cap ! $3.313B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.41 | $1.35 | $8.226M | 5.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 156526 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 69537 | 35 |
View Market Depth
| Last trade - 13.52pm 27/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |