Can anyone else see that the recent 3cp option deal has serious negative undertones for all current DGR holders, bar the few. It represents a 15% dilution to current holders with the potential that another 15% capital raising is also possible in this financial year. Refer to the details put forth in the offer from a company that maybe, not confirmed, having a real conflict of interest by the directors and their business partners of DGR's senior administration., e.g., Bizzel, our current Chairperson and then the CEO. I have previously suggested that Mather may have a definite financial interest in the option buying company also. Those same fellows know what is happening with SOLG, with DGR and with AJQ. It's just the rest of the shareholders who don't. Conflict of interest: Yes. Inside information: Yes. Compliance with their statutory duties as directors: No. Corruption: A real possibility. Let us hope that a minimum of 23p (30c US) takeover offer is made for SOLG. If made, these new 3cps offer for 180 million DGR's options will be worth literally millions in profit, if not over 10 million dollars plus (offer 35p) for the new option owner, while current DGR shareholders will have their value diminished/diluted by + or - 15%. Corruption personified but what a pot of gold to be made by the few in the know over a suggested short period.
With the DGR special meeting being held shortly, surely there must be a vote of 'no' clearly stated by the many holders. Knowing that there is little chance of stopping this incredible injustice and larceny, because of these individuals' positions of power. What are the rest of the top 20 DGR holders doing? They too will be diluted, and value stolen. Surely, there will be more than sufficient evidence to mount a civil action against these charlatans if their strategic plans and strategy work.
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Price($) | Vol. | No. |
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