Vendor, I completely disagree that mgmt handled the cap raising poorly.
If you research the HUN IPO you will see that the DRG cap raising was pretty much on par that company notwithstanding the quite exceptional macroeconomic circumstances.
On a pre-consolidation basis, DRG is now sub 5 cents, with approx $10 million in the bank, licences secured, and a geological team on the ground exploring a "massive" strike.
On another note, the morotrium on granting permits expired on the 31 Dec. I am sure Mark is doing everything possible to secure the ground to the south
a new dawn, page-21
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Last
$1.35 |
Change
-0.020(1.46%) |
Mkt cap ! $1.727B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.34 | $10.79M | 7.830M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 94068 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 215755 | 6 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BGL (ASX) Chart |