DEG 4.59% $1.14 de grey mining limited

Why doesn’t DEG buy DGO for script and then cancel the DEG...

  1. 5,284 Posts.
    lightbulb Created with Sketch. 1533
    Why doesn’t DEG buy DGO for script and then cancel the DEG shares
    it owns (return to treasury)?

    Then sell the Dacian shares and keep the Yandal exploration play?

    seems pretty obvious to me
    this is why we thinks!?!



    Gold Road's play for DGO could flush out De Grey suitors
    WHETHER Gold Road Resources' now-in-train takeover of DGO Gold will be the trigger for further M&A in the gold space is the big question given DGO’s 14.4% stake in De Grey Mining, owner of the 9 million-ounce (and counting) pre-development Mallina gold project in Western Australian
 
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$1.14
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Buyers (Bids)

No. Vol. Price($)
10 380096 $1.14
 

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Price($) Vol. No.
$1.15 204419 5
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