not sure if you were serious re "last raise" but I don't think so....
Under Funding risks:
$629m flagged as Project related infers at least another $600 - $700m debt or equity to come later?
Either way - surely this clears the air which has been smelling of "cap raise" for a while. DEG has not really responded to recent increases in POG and perhaps this will be seen as a significant de-risking and re-rate? GLTAH
Note - I hold via GOR and hoping and assuming that they fully participate to maintain their 19.9% share. This infers almost $120m in from GOR - they have approx $146m in cash so I expect they are in!
Ann: Underwritten A$600M Equity Raising, page-28
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Last
$1.09 |
Change
0.010(0.93%) |
Mkt cap ! $2.612B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.09 | $1.05 | $7.418M | 6.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 22760 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 344372 | 13 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |