Cash in the bank never hurts IMO. Gives the Coy the time required / capacity to weather financial storms & other Local / worldwide negative events.
Further drilling will only add more value / Oz to DEG. Maybe we are getting on the Lithium train ?
Around 150m more shares is not going to really dilute the Coy enough to make a real $$ difference to share holders.
I for one will not benefit from it, as I need to sell my holdings shortly due to other commitments, actually already hold around half of my holdings a year back.
GLTAH
Ann: Trading Halt, page-57
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Last
$1.19 |
Change
-0.015(1.25%) |
Mkt cap ! $2.840B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.17 | $6.681M | 5.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 191729 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 110027 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |