valuation, page-22

I must admit I am a bit puzzled by DRG's SP these days.

I was a holder last year (CEO) and sold out in the teens booking a multibagger gain. My intention was always to re-enter "if the SP re-traced a bit.

I have been following the market action in the stock since I exited and I must admit I am a completely bewildered as to why it is so cheap.

As far as I can see the company has advanced its projects and should at least be holding last year's prices and arguably be higher.

Post consolidation that should equal a SP in the $3.50 - $4.00 range.

So I am bit stuck as to what to do next. My research tells me DRG is a screaming buy at an an equivalent old CEO price of around 2.5c (DRG 48c) but the market seems to be telling me something different.

Are there any other fence sitting out there as well unsure as to what to do next?

I do not usually post on stocks I do not hold but it is a bit different with DRG as I have followed the stock with all the research of a holder but I am a bit concerned about the market's lowly rating on a stock which imo should be a multiple of the current SP.

EB