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DGO dgo gold limited

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Ann: Standby Equity Commitments Received, page-13

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seuss

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21/07/20

16:13

Post #: 46012494
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Originally posted by Designated survivor ↑

A shocking deal for all but the large participating shareholders.
Gold and gold stocks are on a tear so there is no need to be issuing new equity at a substantial discount, let alone attaching a potentially valuable option to that 'entitlement'. If they wanted to issue new equity today I reckon they would get killed in the rush at $3.00 but what they are proposing is an issue at as low as $2.50 with an option!
The directors are treating DGO like a private company and they should privatise it. Very disappointing for non-insiders.
So much for fiduciary duty!

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We should all let them know how we feel.

All the current unlisted options at $ 1 & $2.50 s a fair bit of coin. I was surprised they had not been converted already when the price was 4 dollars. Too much greed

DGO Price at posting: $3.13 Sentiment: Hold Disclosure: Held
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Ann: Standby Equity Commitments Received, page-13

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