Well this is not the first time I have invested that sort of money on a penny stock. I have done so not long ago with GSC, which as you may know went from under 1c to 10c in 2 months. That paid of really well for me, profits of which were invested in DEG.
Dont get me wrong, DEG has some serious potential to be a producer one day? But just going by the fact that no news from the management, not even an update in relation to the delay makes the investors nervous and skeptical. On the top of that, trusting a Director who has been prosecuted previously does not make it any better.
Technical analysis has worked for me, every time. Not sure about "having faith" as a strong enough reason to keep holding. Just my opinion.
Well this is not the first time I have invested that sort of...
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Last
$1.14 |
Change
0.045(4.11%) |
Mkt cap ! $2.756B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.15 | $1.13 | $2.653M | 2.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 198786 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 68894 | 29 |
View Market Depth
| Last trade - 15.06pm 09/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |