This is my first post on HC. I am a DEG shareholder at 6 cents. I am not a geo. Other than DEG market performance, I have no information to support the following opinion. I think DEG's current drill results would entice many majors to make DEG takeover bids. DGO however holds a blocking takeover quantity of shares. Given that, the only effort available in that direction would be to employ the famous Jesse Livermore tactic of selling small quantities of stock below market to drive the price down, upon which to buy larger quantities at a price still below the original market price. Rinse and repeat. That, I think, is what is preventing DEG from outperforming its peers. At some point it will end. Goldsoldat
Jesse Livermore
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Last
$1.16 |
Change
-0.005(0.43%) |
Mkt cap ! $2.780B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.19 | $1.16 | $5.891M | 5.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13206 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 104100 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |