This is what happens when you're executive chairman and hold over 20% of the company with $3+ million in the bank, getting paid over $350,000 per annum and at retirement age.
Generally when a stock trades below cash backing, it's normally because there is little faith in management doing anything to boost asset value.
Globe Metals is a classic example with all that cash but no management substance.
Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-12
-
- There are more pages in this discussion • 5 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 DMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.973M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1698021 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| DMG (ASX) Chart |
Day chart unavailable