DGR 8.33% 1.1¢ dgr global limited

Hmm, Above was a throw away line, but have since run some...

  1. 848 Posts.
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    Hmm, Above was a throw away line, but have since run some figures.
    As per LSE today, SOLG Market cap is GBP 405 mill = circa AUD 712 million.

    DGRs 12.04% = AUD 85.72 million.

    of which 30% = AUD 25.7 million.

    Across 613 181 877 DGR ordinary shares on issue = 4.19 cps.

    Leaving DGR with a 8.78% of SOLG remaing..

    4.19 cps !!,
    The announcement of the payout alone would add 50% to DGR sp (granted temporarily until going ex payment)
    But even then would we retreat 50%?
    I dont think so, , we would probably retreat 30% of 50%, or 15%, because that is the percentage the market appears to value our investment shares at, and it would be an indication that value can be extracted from a DGR shareholding.

    OK, in anticipation of the argument that we should wait until takeover, and the value will be goodness knows, but threefold that is easily believable, - How much of that "threefold" do you think we will actually see? we could have paid out the 30% when the offers were coming in in the 40+pence zone.. not the 20+ it is now.
    Nothing wrong with taking profit off the table.
    SOLG is in fact, an investment company.

    So again, How much of that "threefold" do you think we will actually see?
    I have no idea - and perhaps it is about time DGR had a policy to clarify this to shareholders so we do not remain in the dark, this also may gove the market more confidence in DGR and help close the NTA.
    Last edited by BarralScraper: 06/08/18
 
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