DEG 1.27% $1.17 de grey mining limited

reason for at least 50 % of decline

  1. 38 Posts.
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    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
 
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Last
$1.17
Change
-0.015(1.27%)
Mkt cap ! $2.701B
Open High Low Value Volume
$1.18 $1.20 $1.17 $23.59M 20.14M

Buyers (Bids)

No. Vol. Price($)
9 106354 $1.17
 

Sellers (Offers)

Price($) Vol. No.
$1.17 956281 6
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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
Last
$1.17
  Change
-0.015 ( 0.80 %)
Open High Low Volume
$1.18 $1.20 $1.17 6245928
Last updated 15.59pm 17/05/2024 ?
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