OBS orbis gold limited

Ann: Mt Isa Metals becomes ORBIS GOLD LIMITED , page-4

  1. 9,111 Posts.
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    osr1986,

    I dont believe the DGR sale is a reflection on OBS. DGR have no cash and trading well under NTA, so would not want to raise capital on market, their AJQ shares are escrowed (not a good look to sell your IPO well into the red either) and other holdings are underwater, illiquid or private early stage leases. The sale was also only 10% of their OBS holding. DGR shares were probably the best of a few evils for them imo.
 
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