BM, I share your pain and that of Mr. Cozzi (AJQ), I would...

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28/08/23

08:23

Post #: 69577081
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Originally posted by bm3121 ↑

Plex, possibly like most holders we have been sucked in by Directors. Haven't you seen the pattern. Share price collapses just before a capital raising and price set at much lower price, after a further discount taken to encourage holders to buy. Then bad news released (gel issue etc) to market and share price falls dramatically again. Last capital raising at 0.004cps after discounted from 0.006cps (ASX), and directors get allocated a huge parcel and then, as underwriters, come in a collect the shares not taken up by ordinary holders. Directors/management have set this play in motion with the forward knowledge and plans, and we are now where we are. The 50 to 1 consolidation has also further collapsed our share price to an average below the last capital raising. So yes, there has been a manipulation by directors and at some stage the new holders (significant investors and friends of directors) of the massive new numbers of dilutionary shares will make serious money, while the original holders have to wait for massive increases to get their money back. When you develop a strategy to make money for yourself at the expense of others having the power and knowledge of what is coming down the road you have an enormous advantage.

Ples, you have made the comment: '....if not for NM and Co...." well just look at where they have lead AJQ, DGR, SOLG, etc. How much would we have benefited by some independent, competent, non-inside trading and self serving management. A lot better than we all are now.

Yes, I put my hand up......I got done like a dinner by their con/conduct. Suggest most of holders are in the same boat.

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BM,

I share your pain and that of Mr. Cozzi (AJQ), I would dearly love to have a conversation with him regarding his large commitment to NM and Bizzell et. al. via his AJQ holding. My fading hope is SOLG and I cannot wait to get out of anything associated with DGR, it has a been a painful time since first investing (badly) in 2007. DGR still needs to gain 65% for me to break even and AJQ 95%, if things turn pear shaped (Receivers or Liquidators) I will be pursuing the ACCC, ASX, ASHA and strongly believe I will have support of fellow investors such as yourself. So many misleading statements, missed deadlines, severe dilution and poor communication. Extremely Disappointed in their conduct and manipulation for their own benefit at the expense of others.

DGR Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
6 Upvote

2 Great analysis

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