DGR 8.33% 1.1¢ dgr global limited

Cash flows

  1. 727 Posts.
    lightbulb Created with Sketch. 3
    firstly I like the holistic approach of the business

    But my sticking point is the excessive cash drain for staff, directors, exploration ( when there should be nil) & interest payments

    current cash burn is around 1 mill a quarter with only 700k left in the till.

    Options are due next quarter which will bring around 1 million if sp stays above 0.12

    Of course they could sell some assets to cash up but that defeats the purpose of the business model.

    What am I missing?
 
watchlist Created with Sketch. Add DGR (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $11.48M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $514 46.68K

Buyers (Bids)

No. Vol. Price($)
10 2322522 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 250000 1
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
DGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.