Deg up 15% in Frankfurt and 8% in the US so far.
I don't think we will see a lot of movement today but will be happy to be wrong on that.
What it does confirm to me is that we have a great deal of value in this and in time we will be very sought after for it. The Rc results from Novo will see a shake up and hopefully show the real value emerging in some of these plays.
I know that KLG can not increase their stake above 19% but how will that change once the Australian entity is underway this month, ( I think )?
Deg and nearby neighbors may see many multiples in their sp very soon imho.
Christmas may be a beauty this year.
The question I ask myself is where will the price of this thing be in 3 years?
Then add to that, Where will the price of gold be in 3 years?
Make of that what you will but I am a very happy Vegemite.
wack.
Trading in states, page-9
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Last
$1.23 |
Change
0.085(7.42%) |
Mkt cap ! $2.948B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $11.98M | 9.913M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90825 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 141096 | 16 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |