It's been long known that DEG will be a producer. Its size will move any super's producer's needle. To that end this board pulled out a few prospective buyers, all Big Gold.
This ongoing Au rally though has changed the t/o equation in my mind. I believe the tier one producers are now in the mix. This is because they are cashed up and need to grow -- standing still is shrinking. The rally has cashed them all up to different degrees; DEG is a company-maker-catalyst to the next level, and; then there is ego and booze. Although there is no metric for the impact of ego and booze some of us saw it in 2008 and on (until their boards fired them, eg. JAG:TSX).
This rally enlargens the Buyer Pool, increases the odds for a Bidding War, and makes DEG holders very happy.
OV
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It's been long known that DEG will be a producer. Its size will...
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Last
$1.39 |
Change
0.050(3.73%) |
Mkt cap ! $3.247B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.41 | $1.35 | $6.245M | 4.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 116907 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 10000 | 1 |
View Market Depth
| Last trade - 12.03pm 27/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |