I hold De Grey am hopeful with the irons in the fire it will hit pay dirt.
People you can not dilute your stock by 15% and not expect a correction. ARV is playing the same game and had same correction. Any smart investor values company on fully diluted shares. On top of the instant revaluation due to new shares many are dumped on the market as a bird in the hand is too much for them not to take.
I hope management tightens this up. Options are fine for incentive at a higher price that shows confidence and drives money to the treasury. Let Sprott Capital Management do some private placements at above market price and let Kirkland gold take some down. Over the same time frame Kirkland Lake Gold is up THEY are buying their OWN SHARES BACK. STOP THE DILUTION SEE SHARE PRICE RISE
I hold De Grey am hopeful with the irons in the fire it will hit...
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Last
$1.33 |
Change
-0.005(0.38%) |
Mkt cap ! $2.480B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.32 | $943.5K | 709.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 48588 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 25006 | 22 |
View Market Depth
| Last trade - 13.41pm 30/04/2024 (20 minute delay) ? |
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Last
$1.32 |
Change
-0.005 ( 0.33 %) |
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| Open | High | Low | Volume | ||
| $1.34 | $1.34 | $1.32 | 156759 | ||
| Last updated 14.00pm 30/04/2024 ? | |||||
| DEG (ASX) Chart |