DGR 15.4% 1.5¢ dgr global limited

I love your selective posting and exaggeration. At least you are...

  1. 919 Posts.
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    I love your selective posting and exaggeration. At least you are honest regarding your intentions.

    "The rise is unremarkable if you look at the chart." I mean how far back? In Feb 2017 (15p) or further back in Feb 2017 (1.63p) or at listing of 10p? Or just at the all time high?

    I suggest that most people would look at the quantum of the excellent drilling results released yesterday that contributed to the gain, but whatever suits your agenda!

    As for a money sinking liability, IRR still have cash and DGR are in no way obligated to fund them.

    Just a reminder to all that DGR created and floated IRR for 10p at a historical cost of $1.1m AUD at the time of listing. They have participated in a further raising at 35p in 2017 bringing their all in cost to under $5m AUD.

    Although currently 35p seems on the high side, DGR essentially funded it by placing CN's to Tribeca at 20c.

    DGR's investment alone in IRR is currently worth ~$25m AUD.
    Last edited by japanfresh: 29/08/18
 
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