Hi fellas . I was just surfing through the DRM threads . I been a holder of MYG for a few years . Finance was very interesting . You are right with your numbers and it never stacked up . POG was at $1800 . There was a pretty healthy hedge in place at the time - I don't recall the numbers right now but it all looked very enticing. I recall at this time the SP topping at around 13 cents . This was right before the POG took its tumble. Let me tell you - there are an abundance of holders sitting on some pretty healthy volumes over 10 cents in the mix here I reckon . I recall the selloff from 13 back to 10 very well . Around 10 to 12 million shares changed hands in that range on the way down .Soon after there was an AGM where there was a pretty healthy payrise granted . Myg threads turned to s#$ t pretty quick. Something else took place IMO . JG had a pretty large stake and probably still sits on it I suspect . Last weeks news now but the current speculation is interesting.
DRM Price at posting:
48.0¢ Sentiment: None Disclosure: Unspecified
