DGR 0.00% 1.1¢ dgr global limited

Hi Caesius The market is still mispricing DGR but the buyers are...

  1. 995 Posts.
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    Hi Caesius
    The market is still mispricing DGR but the buyers are building.
    I predict DGR will fund the next 3-6 months of admin by debt funding or selling a few shares from the stable of investments. There is a chance of an equity raising but I don't see it as a high chance.
    I don't know if you noticed a holder dangling 14 mill shares at 0.14 for several days last week then pulling it.
    It looked like a strategic move to me. No broker would advise you to put that many shares on the market all at once. I don't believe the seller was Tenstar or any of the directors so there are only 2 possibilities - JP Morgan is the most likely. I see 0.14 as a critical Rubicon to cross. Once crossed there is little selling unless our mysterious seller sells slowly into the growing buying pressure.
 
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Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $11.48M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 314769 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 406969 2
View Market Depth
Last trade - 16.11pm 21/06/2024 (20 minute delay) ?
DGR (ASX) Chart
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