Reading note 5 in the report, it seems pretty straight forward to me. I'll add I'm not an accountant, and I know I'm not actually answering your question, but here's my two cents.
DGR for many is a proxy on SOLG. Often posters here calculate the value of DGR as a % discount to the NTA of DGR's listed assets, I would have thought that whether DGR value them at the prevailing market price, or how ASIC would prefer them to account for them would be somewhat inconsequential.
.My challenge to ASIC: What do you think DGR could dispose of their entire holding of SOLG for, right here, right now?
I know that the real world & logic don't often to apply to these types of things, but I imagine that's why DGR are digging in their heels.
I'll add that it seems curious that they only have a beef with DGR's valuation of SOLG & ANW. I wonder why not their other listed holdings?
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Reading note 5 in the report, it seems pretty straight forward...
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $13.56M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $38.94K | 2.967M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 981216 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 268000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 981216 | 0.012 |
4 | 918000 | 0.011 |
3 | 1900000 | 0.010 |
2 | 533000 | 0.009 |
2 | 260000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 268000 | 1 |
0.015 | 722000 | 3 |
0.016 | 600000 | 2 |
0.017 | 1131250 | 3 |
0.018 | 1111963 | 3 |
Last trade - 15.08pm 16/08/2024 (20 minute delay) ? |
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