Given that we have had a significant increase in the value of gold in 2019 and stock markets around the globe are hitting new highs you would think that should have been enough to boost the value of DEG. Obviously the poor timing and management around the capital raises may explain why that has not occurred. However In terms of a significant change in market sentiment that you are referring to and the prospect of that about to happen I assume you mean the value of gold is about to significantly rise? I hope you are indeed correct in that assumption. My concern though is that company management does have a big influence on company performance as evidenced by DEG's current market cap. It would therefore be preferable if not only gold was to make a big move upwards but changes in management accompanied this trend so that true and sustained value can then be realised by shareholders.
Given that we have had a significant increase in the value of...
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Last
$1.22 |
Change
0.045(3.83%) |
Mkt cap ! $2.923B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.22 | $1.18 | $7.371M | 6.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 133039 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 170033 | 6 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |