it was said hundred times,if management spending money worthless-the company sucks,management prosper.....for last 120mln A$ placement which is roughly 10-12% from previously diluted outstanding stocks we should find minimum 15% more gold resource just to stay with same gold value per share,if this 120m$ makes 2-3mln resource-then we do add some 15% plus which could be reflected by markets as 20-40% SP increase(not talking compensation from loss of A$ per gold ounce),but up today indication shows we do not get ROI even of printed 120mln shares and so markets price in this "excellent" management work(hope they are reading from time to time our posts)
it was said hundred times,if management spending money...
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Last
$1.19 |
Change
-0.025(2.06%) |
Mkt cap ! $2.852B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.22 | $1.19 | $5.423M | 4.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45410 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 1000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |