agm

The following is only my view of the occasion. Please do you your own research.


The AGM was a somber occasion. The board had their lawyers and auditors present and where all dressed up in suits... (although I didn't know who was who!)

The Chairman raised the issue of remuneration and said that they've hired a consultant on the matter (yeh, gods... more money!)... Some more information should be forthcoming by end of this year, possibly!?!

The MD suggested that in early 2012, settlements from some of the apartments should take place, putting DGX in a better financial position.

Outlook is still cautious, but the company is strong and should be well placed for future growth, if/when it comes.


So what does it all mean?

If you are holding, still hold as I don't think the business is going anyway as they are well financed and backed.

If you don't have any, it might be worth a small gamble.

I'm personally going to hold my position and when I get myself sorted out again, possibly pick some more up... but I think there is no hurry, not until next year I would believe.


Good luck.

PS - I chickened out asking any questions... Lawyers make it too scary for little old me!