the DEG share price is up to its old tricks of drifting ever lower.
I have long held the view that the stock is being heavily accumulated.
Indeed when I snatched mine @US .085 c the ask immediately jumped to .105 c.
Obviously the lower a bigger player can buy not only increases his profit over the long haul but allows him to pay higher prices at the tail end in the event of him making a takeover.
Recent news releases should have seen the stock re rate.
For a day or two it did .
I am of the opinion that once the company announces plans of building that plant they talk of and there is a definitive timeline involved that will undoubtedly assist .
I believe they are still to sort heritage issues and mining licences all of which aid the acquirer.
If you have spare cash to invest you could do worse than add to your positions if and when you feel the stock is just way too cheap.
Look at it from his perspective ..... that's how he acquired his extreme wealth.
Patience ,patience and still more patience.
It is just a matter of time....on that we can all agree.
- Forums
- ASX - By Stock
- DEG
- In spite of all the positive news releases of late
In spite of all the positive news releases of late
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.10 |
Change
-0.105(8.71%) |
Mkt cap ! $2.636B |
Open | High | Low | Value | Volume |
$1.17 | $1.18 | $1.10 | $10.13M | 9.044M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 299043 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 77991 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 267243 | 1.100 |
4 | 53914 | 1.095 |
10 | 196021 | 1.090 |
7 | 123316 | 1.085 |
10 | 339860 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 77991 | 2 |
1.115 | 70727 | 6 |
1.120 | 44040 | 3 |
1.125 | 118362 | 4 |
1.130 | 125044 | 6 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |