DGR 0.00% 1.0¢ dgr global limited

Hi Moureeses I understand your position as I am also a top 20...

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  1. 434 Posts.
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    Hi Moureeses
    I understand your position as I am also a top 20 holder. I see you were assisted by the ongoing BOT and the accumulator/s grabbed your shares quickly.
    I try to reallocate mining capital into other miners as there is a danger in becoming overinvested in miners. Most of my capital is deployed elsewhere. Therefore I have sold down mining stocks to buy into specific opportunities like the battery metal stocks over the past year.
    I am frustrated with DGR as I could have sold around 0.12 and deployed the capital elsewhere. But I operate on 10 year plus time spans. This is the most undervalued stock I have ever owned. NTA should be a rock bottom valuation for a junior resource stock. This is not a mining index fund which can trade at a small discount to NTA. Say around 0.22. My other mining stocks trade at many multiples of NTA. Many of the top 20 shareholders have topped up in the past 3 months taking advantage of the profound mispricing of this stock.
    The forum commentary reflects this. Even the most positive posters say DGR should trade below NTA. Our team of negative posters who don't hold and are obvious buyers are regularly looking to shake out holders. There is a BOT operating.
    SOLG is a no brainer for a 60p plus pricing. Other subs are going from strength to strength. I predict our NTA will reach 0.50 this year.
    I hope your reallocation to another project proves profitable in 2018 Moureeses.
 
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Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $14.61M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 185236 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1983333 3
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Last trade - 07.00am 02/12/2024 (20 minute delay) ?
DGR (ASX) Chart
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