Australia's largest stock trading and investment forum Australia's #1 stock forum

DGR

11.1%

1.0¢ dgr global limited

How much are Directors earning from combined directorships, page-2

First 2 Last

Share
Profile

Follow
caesius

231 Posts.

7

14/02/15

09:23

Post #: 14754590
Share

Originally posted by bm3121 ↑

I notice that another DGR director has been appointed to board of our newly listed company in West Africa. Good if you can get the work. I forgot that they elect themselves to the position, so guaranteed I suppose.

As a matter of interest, has anyone done a review of how much our individual Directors earn every year from their combined multiple directorships on boards created under the banner of DGR's global development. If their earnings from DGR is an example then their combined incomes of multiple directorships from all the off spin companies might just give the rationale behind this 'suspect' management strategy. In my view, it has not been in the best interest of the average DGR shareholders.

I suggest that nothing will come back to the shareholders of DGR from the sale of OBS except those that are holders of that separate company's shares.....believe directors may have millions of dollars heading their way. Be of interest whether they actually paid for shares or were given same as a bonus. Unfortunately, my money bank didn't allow me to buy any....too much lost in DGR investment over the last 10 years.

So I beg to ask the questions:"How much will DGR company director/s earn each year in being a board member of our newly listed iron ore venture and what will they earn from being directors in the other companies under the DGR company making banner?" I know I am down about 80+% but the Directors no doubt have earned well over the million dollars, if not many millions, in direct salaries/compensation over the same 10 year period. One answer is why wouldn't they continue with this strategy .... the directors are doing alright. In fact they are earning extremely good money. How many hours per week would one expect a Director earning $$$$$$$$ to put in per company?

Anyway, whats another 10,000,000 English pounds put into the globalization pot....it will pay more director wages and expenses. Alas, not sure shareholders in this new venture will see any return. In fact, I suspect from DGR's track record, they will not.

Expand

Well put.

As much as people may try to do the right thing, human emotion comes in to it.

If you were on to a good thing, earning 1000's and 1000's a year doing not too much, you may be tempted to passively keep this going. And it is easy for management, since they are not actively lying. Lines like "reinvesting funds for growth" allow them to keep the status quo without appearing to be doing anything except be a good manager (who doesn't want growth?), except we all know who this benefits.

/rant

DGR Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

End of FY is a time to juggle wins, losses and capital gains taxes

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

There are more pages in this discussion • 20 more messages in this thread...

First 2 Last

Add DGR (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.001(11.1%)		Mkt cap ! $10.43M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$11.38K	1.138M

Buyers (Bids)

No.	Vol.	Price($)
2	979069	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	438309	3

View Market Depth

No.	Vol.	Price($)
2	979069	0.010
2	569026	0.009
4	1114563	0.008
3	725124	0.007
1	250000	0.006

Price($)	Vol.	No.
0.011	438309	3
0.013	131457	1
0.015	360000	2
0.016	499999	1
0.038	200000	1

Last trade - 13.24pm 25/06/2024 (20 minute delay)

DGR (ASX) Chart

How much are Directors earning from combined directorships, page-2

End of FY is a time to juggle wins, losses and capital gains taxes

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

How much are Directors earning from combined directorships, page-2

Top Stories

End of FY is a time to juggle wins, losses and capital gains taxes

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News