DEG 0.98% $1.04 de grey mining limited

The sp inaction is frustrating, but far from unique to DEG. One...

  1. 2,748 Posts.
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    The sp inaction is frustrating, but far from unique to DEG. One can cherry pick equities that have recently outperformd DEG -- but that's simplistic minded, ie. stupid. Too stupid to dispute at length: share count, land, treasury...

    As for DEG specifically, I look to the share count. A real Whopper!! Therefore HUGE volume is needed to move the sp materially. This, too, is not unique on the ASX.

    This TA analysis is timely (read and avoid):

    There are two clear reasons why this information is vital and useful for currency and metals traders:

    1.It will help you avoid committing the amateur error of blindly shorting the US dollar just because gold is rising.

    2.It will help you avoid buying silver erroneously and irresponsibly (just because gold is rising), which would be dangerous, since silver requires higher margin and involves more volatility.

    https://ashraflaidi.com/forex-news/quick-tutorial-on-gold-silver-usd

    OV
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Last
$1.04
Change
0.010(0.98%)
Mkt cap ! $2.474B
Open High Low Value Volume
$1.03 $1.05 $1.02 $1.871M 1.807M

Buyers (Bids)

No. Vol. Price($)
32 77762 $1.04
 

Sellers (Offers)

Price($) Vol. No.
$1.04 82994 32
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Last trade - 12.39pm 19/06/2024 (20 minute delay) ?
DEG (ASX) Chart
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