What I have been alluding to for some time. Our BOD are not worried about the short term......they are being rewarded each and every week with their grossly inflated salaries and bonuses because they simply have to vote for more and more and more! There is no opposition and accountability on the decisions being made. There is certainly no urgency to look after the shareholders as a whole. The bigger shareholder companies and the BOD are always in the game for the long term. If they have to wait for 10 years, so what. NM is going to be paid one million dollars plus whatever and when/if a sale or something is actually produced commercially, that is when his real pay day occurs. OBS is a prime example of no profit for the shareholders until it was sold......How many long term holders actually made money apart from NM and his cronies should be told. Most holders lost. He management of DGR and daughter companies continues in the same vein with a possibility of some long distant outcome.....while he and inner cycle reap and plunder in salaries and bonuses because of their self interest.
NM should be removed as CEO from all the companies (not going to happen because of his power and influence). What have the other directors, for that matter our Secretary, contributed to DGR. Move their backsides an inch and take on the same responsibilities as directors etc in the sibling companies whilst being paid more excessive amounts in these roles as well.
DGR shareholders will need to fork out more money to keep their interests and equity the same. NM will pick up more of company at low cost, again and again, and his share will increase from 15% to just under 20% (happened in 2017...has done it year in and year out before this) and now he will do the same in 2018-19 because he can. Use DGR money to support sibling companies and pay for management costs and then do another Capital Raising where Directors , especially NM,somehow end up with more shares and equity. That's their end game. Being paid one million plus per year allows him to continue. CEOs in major international companies lose their 10 million dollar jobs when their companies profits drop a few hundred million dollars from their billions of dollars profits......this fellow and his crony bunch of directors continue to do what they do best.....fleece all the 'gold' for themselves.
All this is occurring when we head into another well forecasted international recession. How much will DGR be worth then......lots of potential and producing nothing again.
- Forums
- ASX - By Stock
- SOLG
What I have been alluding to for some time. Our BOD are not...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.61M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.588K | 158.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 185236 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1983333 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28219 | 0.130 |
3 | 250000 | 0.125 |
3 | 1020491 | 0.120 |
1 | 500000 | 0.115 |
3 | 99220 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 65000 | 1 |
0.140 | 393111 | 1 |
0.145 | 295471 | 3 |
0.150 | 95000 | 2 |
0.160 | 47375 | 3 |
Last trade - 14.51pm 29/11/2024 (20 minute delay) ? |
DGR (ASX) Chart |