bullish

De Grey Mining/Northern Star Resources: The Passive Flows

1.2k Views17 Apr 2025 05:30
De Grey shareholders have approved the acquisition by Northern Star Resources. DEG's last trading day is 23 April. Only 3 trading days left and there is a lot of passive buying in NST and GDG.
What is covered in the Full Insight:
  • Overview of the Acquisition
  • Shareholder Vote and Approval
  • Implications for Index Inclusions
  • Stock Price and Short Interest Analysis
  • Effects on Global and Local Indices
Boomeranged on Wed, 23 Apr 2025 05:51
There will be passive buying in Northern Star Resources (NST) today at the close following the acquisition of De Grey Mining. The stock is up a lot over the last couple of weeks. There will also be passive buying in Generation Development Group (GDG) following its inclusion in the ASX200 Index.
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