DGR 0.00% 1.0¢ dgr global limited

Ann: DGR Global Declares Special Dividend and Announces DRP, page-3

  1. 246 Posts.
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    Hi waiken, IMO! You seem to have remarkable faith in DGR, unfortunately I don't ! Bearing in mind that DGR have only paid out 0.25 cents from the one off sale of their major asset (OBS) and appear to have "appropriated" the balance into their "black hole", will the money ever reappear for the benefit of the retail share holders? It never has in the past, is it any different now? The dividend payment looks to me as if it is a one off payment , not really a "dividend" which implies a yearly return from an ongoing profitable operation, which DGR does not have at present .Can't see what can take the place of OBS , certainly nothing in the short term. Of course the hierarchy could keep this one going for years, just as they have in the past. As a disillusioned share holder I doubt whether there will be another "dividend" next year unless they get very lucky. Still BOLTA!
 
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