DEG 0.72% $1.41 de grey mining limited

Ann: Trading Halt, page-84

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  1. 759 Posts.
    lightbulb Created with Sketch. 755
    If you take the guidance of two of our resident analists mark79 bond who leans towards Floccinaucinihilipilification when it comes to deg share price and jvd1570 who thinks elon musks' plans to colonise mars are pathetic in ambition then divide by two you will be in the ball park. Assuming that ball park is the size of Australia.

    seriously mate.. noone knows because we don't even know what the news is so any estimates are not worth basing an investment decision on.

    The general consensus seems to be that the very fact that this announcement warrants a trading halt suggests a very significant upgrade in resource value .

    Having held up well recently when many of its peers capitulated to market pressure suggests to me that current sentiment and support combined with an exceptional announcement should at least equal all time highs of $1.06.

    Some of the chartists here had estimated prior to this announcement that the price could reach $1.40. So you would think that an exceptional announcement would surely up that target. Upping that target completely unscientifically and with zero knowledge of charting to...hmmm.. lets say $1.60 gives me the possible upper limit guess.

    taking the average of $1.00 and $1.60 gives me......

    $1.30 as the likely near term guess price.

    this is my guess for the likely price within the next two weeks assuming ther is a cracker announcement. Of course I hope its higher and I am sure it will be soon enough.

    poodle.



 
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Last
$1.41
Change
0.010(0.72%)
Mkt cap ! $3.367B
Open High Low Value Volume
$1.42 $1.42 $1.39 $7.025M 4.999M

Buyers (Bids)

No. Vol. Price($)
4 73859 $1.41
 

Sellers (Offers)

Price($) Vol. No.
$1.41 10000 1
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
DEG (ASX) Chart
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