Certainly explains everything. In this kind of case ASIC should really be probing exactly who was selling ahead of the raise. Those buying in low are clearly going to sell off their current held shares at a higher price to help them buy back in at a guaranteed profit. To date DEG management have done a pretty good job of lining up all the ducks but this is a very late Trading halt given it was pretty obvious they had let the cat out of the bag a few weeks ago. Very poor form.
Ann: Trading Halt, page-9
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Last
$1.39 |
Change
0.005(0.36%) |
Mkt cap ! $3.319B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.41 | $1.37 | $5.226M | 3.761M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 79199 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 31500 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |