You make a fair point, no drama about it.
DGO have 2 positions on the board, with only 11% of the shares, and there's a strong sense that they have been an influential presence in pushing for the capital raisings, especially the last one.
As for DGO's motivations: some see it as a grab for shares at cheap prices, others that it simply wants to accelerate the drilling in expectation that DEG can get to its 3M ounce target sooner next year.
Possible future outcomes, page-7
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Last
$1.38 |
Change
0.020(1.47%) |
Mkt cap ! $3.253B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.40 | $1.33 | $5.385M | 3.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 26637 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 80391 | 55 |
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| Last trade - 13.39pm 13/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |