The problem I have with this curve in connection with DEG is that there are at least 2 yrs (and that's the absolute best-case scenario, most likely 3 years) before DEG starts producing. So why would an investor buy shares now. Occasionally DEG might release a good exploration report which "might" push the price up briefly B4 it falls again. No, I think DEG will be stuck under $1.20 and could very likely drop under $1.00 and worse until 2H 2025.
Chart - TA, page-3930
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Last
$1.11 |
Change
0.025(2.30%) |
Mkt cap ! $2.660B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.14 | $1.10 | $4.518M | 4.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 30561 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 4505 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |