Have been watching this shell for signs of a new acquisition for several months, signs are here
At 3c DRG is capped at $2 million and holds $2 million in cash
Only 66 million shares on issue, debt free, and a director has recently bought almost 900,000 shares on market
Price is breaking out on impatient buying, and market cap is still shell value
Also selling its coal projects - another clue pointing to tech acquisition, and will add another $500,000 or so to bank balance.
Cash backed shell with Director buying
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.79 |
Change
0.035(2.00%) |
Mkt cap ! $2.101B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.81 | $1.76 | $36.27M | 20.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 93529 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 203430 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BGL (ASX) Chart |