That's precisely the point. Henry's interests are not shareholder's interests or more precisely NOT the interests of most DGL shareholders. Henry knows his acquisition program is hurting shareholders and will see their investment fall even more from the 40% fall 3 months IMO. But IMO he doesn't give a shyte (contrary to what S'holders expect, given his fiduciary obligations) because when he's ready to pull the pin he'll be well taken care of. Problem is he knows he has most S'holders by the short and curley's most. They've lost a lot of money (on paper) investing in his company. If they cash in their chips now that huge loss will be realised and so many have no choice but to allow him to continue using their investment interest free to him. Don't forget it was about 2 months ago he acknowledged publicly that his acquisition program has p1ssed off his S'holders and he promised he'd ease off. instead because he has zero respect for his S'holders, I sincerely believe, he almost immediately made an acquisition and now he's made another. The pace does not appear to have changed one little bit.
There is a half way house he could choose here. Take a breather to sooth the concerns of the market and give the SP a chance to recover for the benefit of all the S'holders But that's not Henry, IMO, DYOR!
- Forums
- ASX - By Stock
- DGL
- Ann: Acquisition of Australian Petro Chemical Storage
Ann: Acquisition of Australian Petro Chemical Storage, page-32
-
-
- There are more pages in this discussion • 380 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
46.0¢ |
Change
-0.005(1.08%) |
Mkt cap ! $131.2M |
Open | High | Low | Value | Volume |
46.5¢ | 46.5¢ | 45.5¢ | $100.0K | 217.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 26367 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 46246 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 26367 | 0.455 |
9 | 61695 | 0.450 |
4 | 25830 | 0.445 |
7 | 23337 | 0.440 |
3 | 30100 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 46246 | 2 |
0.465 | 1900 | 1 |
0.470 | 5200 | 1 |
0.480 | 5459 | 1 |
0.485 | 720 | 2 |
Last trade - 12.49pm 04/10/2024 (20 minute delay) ? |
Featured News
DGL (ASX) Chart |