Ann: Share Placement, page-4

for this point I agree with you that the mgnt never thought about the retail investors. There are not too much dgo shares on market, which means they didn't want the retail investor at all. no large sp fluctuation and easy manipulated sp for easy cr? The current share may be due to some regulation on asx? I've no idea as one of the newbies.

on their side, i can say, they are just doing the right thing. Because they are aiming the big money, not some hundreds k from us. The bigger money, the easier to manage and communicate. of course, less profit cutting from the retail investors. 1 mil may be summed from 50 retail investors, but only two or three major investors. The one maybe work in the related industry, or just take out the pocket money for social/invest purpose.

So it is with the bank and financial shops, when you put enough over there, you will find some new invest package with high risk/return. plus better service and social events.

anyway, as a retail investor, I'll be happy to stay aside and see the major investor making money. although a bit diluted on my side, buying any listed company will experience such thing. Nothing too much you can do.

i looked though the latest investor presentation again. just found they played well on other exploring sites, hopefully they will get some thing good other than deg. I'll hold this for a while, maybe 5 months time or so. the dgo is more like a package to me rather than a single explore company.

all the best, GL