Nice sentiment, and good luck, but your are fighting a very long uphill battle.
DRO shareholders are mostly in Oleg's pocket and as DRO HotCopper threads consistently show, there are a lot of Oleg worshippers who don't get that he has stripped them of millions of dollars through gross over payment in shares with hurdles that he already understands will be achieved. Oleg runs a microcap with a hundred or so employees but is paid like he runs a top 100 company with tens of billions of dollars in revenue and tens of thousands of employees.
He will do exactly what he did previously, and follow the Oleg playbook. It goes like this:
1) Issue an announcement that will give him millions of shares that he calls options
2) Get it passed because he has enough mates (and uninformed small shareholders) to get it over the line
3) Face another vote in the renumeration report which he needs 75%
4) Maybe lose the vote because of the higher threshold and enough small shareholders vote against it
5) Wait for a year until the next AGM until everything calms down and don't issue more options
6) Get the 75% the following year because he has his mates, and small shareholders have moved on and avoid a spill
7) Repeat step 1
- Forums
- ASX - By Stock
- Generall Meeting 2024 - my opinion
Nice sentiment, and good luck, but your are fighting a very long...
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
94.5¢ |
Change
-0.015(1.56%) |
Mkt cap ! $683.3M |
Open | High | Low | Value | Volume |
95.5¢ | 96.5¢ | 93.8¢ | $3.960M | 4.167M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10646 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.5¢ | 210 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10646 | 0.940 |
5 | 47569 | 0.935 |
16 | 90785 | 0.930 |
2 | 80000 | 0.925 |
15 | 85643 | 0.920 |
Price($) | Vol. | No. |
---|---|---|
0.945 | 210 | 1 |
0.950 | 361180 | 3 |
0.955 | 16089 | 3 |
0.960 | 166441 | 11 |
0.965 | 74368 | 4 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
Last
94.5¢ |
  |
Change
-0.015 ( 2.05 %) |
|||
Open | High | Low | Volume | ||
95.0¢ | 96.5¢ | 93.5¢ | 1414019 | ||
Last updated 15.59pm 15/05/2024 ? |
Featured News
DRO (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online