Yes that text you posted outlines the basic technical problem very well and you have to believe it's the riddle Novo & QH are navigating with great concern. Exactly how they solve this problem with the Egina purchase could take form on multiple fronts.
Whatever happens, I think it's more important than the market is currently factoring in. All speculation but given how long Novo has been working on this purchase step #2 could be a game changer for DEG.
Twitter thread, page-75
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $2.959B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.23 | $8.902M | 7.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 62364 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |