Sun, 12 Mar 2017 DGR Global - ASX - Resource Factory Share...

Sun, 12 Mar 2017

DGR Global - ASX - Resource Factory
Share Price: A14 cents [Fri, 10 Mar 2017]
Low-High 0.02 - 0.16c
Market Capitalisation: A$78.68million
Shares in Issue 550.88m.

DGR Global*s SUBS
2 biggest sister subs are Solgold and Ironridge Resources
listed on the London Alternative Investment Market [AIM]

Solgold [LON;SOLG]
Share price: 37.5 British pence [Fri, 10 Mar 2017]
Low-High 2.58p - 46p
Market Capitalisation: £529.49 million [listed on AIM 50]
DGR owns 14.5% of Solg = £76.77 million [SourceGR Presentation Feb 2017]

Ironridge Resources [LON:IRR]
Share price:36 British pence [Fri, 10 Mar 2017]
Market Capitalisation: £85.73 million
DGR owns 26.17% of IRR = £22.43 million

**DGR*s Open Marketable Securities in SOLG & IRR listed in London
equals to £76.77 million + £22.43 million
=£ 99. 2 million
Currently £1 British Pound = Australian $1.6
Therefore £99.2 million = Australian $158.72 million

So, in theory it is A$158.72 million [SOLG+IRR] vs A$78.68 million [DGR Cap at 14c]

My Comment:
IF [without causing market disruption] Solg + IRR are sold ,as open marketable securities, DGR Global*s Treasury would have A$158.72 million [roughly underpinned at 28cents] whilst still having all the other listed and unlisted co*s.

I am not suggesting for one moment that DGR Global sells SOLG or IRR at this moment in time but merely to show the analysis report of how far this co has come from the days of the low share price when I first started posting.

So, as a resource factory it has done very well and a happy outcome as such.

Sol1 Sun 12 Mar 2017
Please check the figures and correct if necessary
I will not tick that I own DGR shares as my broker does not offer ASX shares.