I wonder about whether the Australian market will buy DEG just based on nearology, as the type of gold being sought is obviously different.
Its my belief that here in Australia, Novos tricks are getting a bit stale. First the conglomerate gold live cross at Purdys (which Novo have long abandoned), then the Tomra party tricks videos, (which seem to have convinced those who dont ask too many questions that this technology is ready to go), and soon the totally unrepresentative results of a bulk sample taken from the best trap site that Novo has taken considerable effort to locate.
DEG is showing that conglomerate gold does have potential, its exploring in a methodical manner and finishes what it starts. The rewards will come, but on merit, not the vague nearology of a company that is struggling to look competent.
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Last
$1.40 |
Change
0.055(4.10%) |
Mkt cap ! $3.115B |
Open | High | Low | Value | Volume |
$1.38 | $1.41 | $1.36 | $9.178M | 6.594M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 247 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.40 | 199327 | 9 |
View Market Depth
No. | Vol. | Price($) |
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1 | 98838 | 0.097 |
3 | 164295 | 0.096 |
4 | 79115 | 0.095 |
2 | 55000 | 0.093 |
1 | 100000 | 0.092 |
Price($) | Vol. | No. |
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0.100 | 100000 | 1 |
0.105 | 420062 | 7 |
0.110 | 220284 | 3 |
0.115 | 140300 | 4 |
0.120 | 158460 | 8 |
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DEG (ASX) Chart |