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6.67% 1.4¢ dgr global limited

DGR Takeover Price, page-64

  1. subumbra
    1,046 Posts.
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    13/08/24
    18:50
    Post #: 75190614
    The management of AJQ didn't takeover the company, they lost it.

    A chinese company simply bought a note issued by AJQ on which an interest payment was due. When no payment was made by AJQ on the due date this was a default that then allowed the chinese company to have an administrator appointed and take over AJQ.

    DGR was a major shareholder in AJQ so has now lost millions of DGR capital in the fiasco, all for a missed payment......


    DGR Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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