DGR 6.25% 1.5¢ dgr global limited

even the groundhog has fallen asleep

  1. 7,740 Posts.
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    Good afternoon DGR Fans!

    Apols for no update lately - been playing in a different sandpit lately (swapping war stories with the EGO gang).

    DGR failing to impress lately despite the broader market recovering. More a case of being overlooked than anything else I think. There's plenty of other more active tables at the casino we call the ASX, so the punters seem to be leaving our DGR alone. Whilst this may seem frustrating, it is actually a good thing: no false propping of prices, and no day traders to bluff us into a false sense of security. DGR seems to have found a good floor price, even taking into account the discount for additional market volatility.

    From here: I'm quietly confident that DGR will remount the horse from which it fell and ride slowly towards higher grounds. When, where and how are totally different questions. We should (hopefully!) get something more solid on Anduramba soon (a final NPV including extensions) and this will most likely be the catalyst that sets things going.

    Hang in there: not the most interesting stock on the board at the moment, but the longer termers should eventually be rewarded.

    Best regards
    Kit

    (All personal opinion)
 
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Last trade - 15.29pm 15/08/2024 (20 minute delay) ?
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