I think Management's radio silence is because they realize they only have one bullet left to shoot before they humiliate themselves with bad cash raise to pay for Indee.
Was really hoping that DEG was better at managing a capital structure and deal making but reality is more dilution heading our way muting any impact the PFS will have.
Still believe the ground will have a very profitable mine on it in a couple years. Question for me now is "Do I double down after the upcoming dilution event". To further that line of thinking "WouldI trust them to raise 100 Million for a plant after Indee?" Unfortunately, I have to say No. As much as I like this management group as standup guys. Facts are these assets belong in someone else's hands at this point.They've played their cards and lost.
- Forums
- ASX - By Stock
- Ann: Retraction of study expansion announcement
I think Management's radio silence is because they realize they...
-
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.22 |
Change
-0.025(2.02%) |
Mkt cap ! $2.911B |
Open | High | Low | Value | Volume |
$1.23 | $1.24 | $1.21 | $4.502M | 3.703M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32320 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 19426 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 156423 | 1.200 |
3 | 21190 | 1.195 |
5 | 73040 | 1.190 |
1 | 11491 | 1.185 |
5 | 38692 | 1.180 |
Price($) | Vol. | No. |
---|---|---|
1.225 | 16740 | 2 |
1.230 | 11959 | 2 |
1.235 | 10740 | 1 |
1.240 | 15124 | 3 |
1.245 | 10740 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
DEG (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online