The misconception we must set right and what we must understand is that Henry's interests DO NOT necessarily align with the interests of DEG's shareholders. Henry can continue to relentlessly pursue his M&A program because when he's ready to retire in many years to come, his 53% holding will see him very well off indeed. The problem is that that relentless unyielding M&A program is savagely driving the SP down, meaning it is just too bad for the shareholders who reasonably did not set out to give DEG what is effectively an interest-free loan for the next 2 years minimum. Those shareholders have been trapped and basically instead of tempering his approach so as to win the confidence of the market back (and so that medium term shareholders can also enjoy some profit) Henry has announced that he will continue his M&A program and in the very long term it will probably make him very rich. That's my sincere opinion. Believe or reject it as you choose but that's my opinion and DYOR.
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Last
56.0¢ |
Change
0.020(3.70%) |
Mkt cap ! $159.6M |
Open | High | Low | Value | Volume |
55.0¢ | 57.5¢ | 54.5¢ | $230.6K | 411.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21818 | 55.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 104516 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21818 | 0.550 |
1 | 34862 | 0.545 |
4 | 159425 | 0.540 |
1 | 10000 | 0.535 |
5 | 27532 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.570 | 104516 | 2 |
0.575 | 11899 | 1 |
0.590 | 23000 | 1 |
0.595 | 20914 | 2 |
0.600 | 2421 | 3 |
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