DEG 1.62% $1.22 de grey mining limited

Ann: Trading Halt, page-39

  1. 42,270 Posts.
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    Usually when the falling price is not confirmed by the commodity it is exposed to, I would cynically observe this ias inside info exploitation. However gold price has been falling and the future broke the psy $1900 yesterday. If you compare the general trend of both, the correlation is very strong.

    Unfortunate to bring out a CR in this cycle of late. I have noticed this type of cycle is repeated elsewhere kinda like sell in weakness and celebrate in strength!

    On the optimistic side of things, ability to just sell 2 tranches to raise $300M is quite a feat indicating to me there is strong corporate demand v the 'let's give shareholders an opportunity' usual excuse usually when raising is hard.
 
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Last
$1.22
Change
-0.020(1.62%)
Mkt cap ! $2.911B
Open High Low Value Volume
$1.20 $1.23 $1.19 $5.815M 4.802M

Buyers (Bids)

No. Vol. Price($)
5 56832 $1.21
 

Sellers (Offers)

Price($) Vol. No.
$1.22 161716 8
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
DEG (ASX) Chart
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