No surprise a cap raising was about to happen. Even so, I think companies like DEG should plan better and do any cap raising ahead of the last minute. I think they miss opportunities at higher prices because they hold out hope of better share prices until they then have no option left but to raise funds at a low point.
I am anticipating we will soon have 3x the shares we had a couple of years ago... and not surprisingly they are currently worth about 1/3 what they were back then. A vicious cycle... the number of shares added to fund exploration keeps growing. It is good to be the "bold explorer" but we need a solid outcome.... beyond a 1% royalty here or there.
Elisby1
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No surprise a cap raising was about to happen. Even so, I think...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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No. | Vol. | Price($) |
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7 | 79035 | 1.170 |
9 | 204101 | 1.165 |
12 | 85150 | 1.160 |
4 | 45317 | 1.155 |
Price($) | Vol. | No. |
---|---|---|
1.180 | 113033 | 6 |
1.185 | 170431 | 12 |
1.190 | 231541 | 10 |
1.195 | 168907 | 8 |
1.200 | 142594 | 18 |
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