DEG 6.05% $1.49 de grey mining limited

I really had high hopes on this one with all the gold being...

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  1. 381 Posts.
    I really had high hopes on this one with all the gold being found and the possibility of this one going to production in the near future, but I was proved totally wrong. I will obviously be selling out to breakeven (again) if 0.003c is still available. Over the last 10 years all this company has done is CR after CR with absolutely no returns for shareholders.

    Can the people who "look at the broader picture" tell us what benefits do they see by still holding on? Or are they planning to hold on for another 8 years to see some returns??

    All I see is the shareholders being milked year after year only to be issued more shares and further dilution. God knows how many shares will they land up issuing, possibly it will reach the 5Billion mark. I am off to CXO..
 
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Last
$1.49
Change
0.085(6.05%)
Mkt cap ! $3.571B
Open High Low Value Volume
$1.44 $1.49 $1.44 $8.731M 5.923M

Buyers (Bids)

No. Vol. Price($)
7 163112 $1.48
 

Sellers (Offers)

Price($) Vol. No.
$1.49 171729 4
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
DEG (ASX) Chart
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