OBS orbis gold limited

large crossing of shares, page-3

  1. 175 Posts.
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    What can we do to force this issue in relation to management eating away our company's money? DGR could be at NTA if managed correctly. Any potential new offering such as Iron Ridge or any other float they do should be comprised of cash and shares for DGR so then DGR can utilise the cash for ongoing costs and potential dividends. DGR would then hold shares in the newly listed entity and realise any potential upside as well as having a cash injection to run the business. This is not rocket science.It is very simple cashflow management. Any so called "incubator" company needs ongoing cash to fund new activities. Mather seems to just try and hold on to DGR's entire stake in listed entities and hope for a massive pay day if it works out. This is called gambling. I think DGR could be a great little business and could provide excellent distributions of shares and cash if managed properly. What needs to happen is something in the "stable" like OBS needs to be taken over and then DGR will be forced to sell their stake and return some (not all) capital to shareholders. This is very possible and is why I hold the stock.
 
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Currently unlisted public company.

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