I think at this valuation, DEG land is expected to be a major gold district, with many 10s of million of oz to justify the $1B explorer market cap.
I think the risk is a lot higher now, that if future drilling results do not deliver the results as expected then share price will go back down (but I think that would be a correction rather than price crash). All eyes are on the extension of Aquila (East and West), Brolga (to the south), and what is underneath Scooby, Shaggy, Antwerp.
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Last
$1.13 |
Change
0.020(1.80%) |
Mkt cap ! $2.696B |
Open | High | Low | Value | Volume |
$1.14 | $1.14 | $1.12 | $1.027M | 911.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 117509 | $1.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.13 | 84949 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 93132 | 1.125 |
30 | 211319 | 1.120 |
18 | 180617 | 1.115 |
19 | 266134 | 1.110 |
6 | 43251 | 1.105 |
Price($) | Vol. | No. |
---|---|---|
1.130 | 92909 | 20 |
1.135 | 178202 | 17 |
1.140 | 239242 | 17 |
1.145 | 87519 | 13 |
1.150 | 137585 | 13 |
Last trade - 11.55am 12/09/2024 (20 minute delay) ? |
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DEG (ASX) Chart |