DGR waiken 1,002 Posts. 793 Date: 18/07/24 Time: 15:29:30 Post...

DGR

waiken

1,002 Posts.
793
Date:
18/07/24
Time:
15:29:30
Post #:
74814474
New
834000 shares were shorted on 17.7
The cumulative shorts at 12.7 show as 0

This is the first time I've seen DGR shorted I haven't followed DGR shorts regularly.

I assume short term traders have taken the opportunity to push it down from the 0.039 high to 0.02
where they are buying again having made T + 3 traders and stop loss holders nervous.

The other possibility which I have seen alluded to on the SOLG chat is that someone is seeking control of DGR to reduce the current slim majority held by the hardcore top 10 SOLG holders who will resist a low ball takeover. Eg Mather, DGR, BHP, Newmont, Revealed and unrevealed Chinese holdings, Bob Sanga Irwin and Scott Caldwell etc .

I believe that Mather, Tenstar, and DGR directors and long term loyal shareholders are no longer above 50%.of DGR
Mather has treated all shareholders with such indifference and made such a stuff up over Armour that some of the loyalists have gone or partially sold down. I believe now for the first time after holding shares for 16 years and once being a top 20 holder that DGR is in play and Nick is powerless to prevent a takeover. I believe that the huge unfair option issue was to shore up support with his mates. -