Can someone check my figures - I always thought DGR traded ~50% to net assets, but I just ran the numbers and I get:
11.06% of SOLG = 40.6 M
21.97% of AJQ = 7 M
22.03% of IRR = 6.74 M
16.73% DHR = 1.17M
call ANW ~330k...
This comes out at about 55 M, vs a current market cap of 47 M: Doesn't this just seem about fair value? Have I missed anything? No way they could sell their holdings for the current SP of the subs, so taking ~20% off seems fair. Adding into the mix they seem to be having cashflow issues, is anyone still arguing that they are undervalued?
Which of the subs are turning a profit at the moment? Seriously is it any?
I'm staying well out for now but was surprised to check back and find this situation.
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $25.04M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.3¢ | $15.00K | 617.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1343895 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 167781 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1343895 | 0.023 |
4 | 372730 | 0.022 |
1 | 200000 | 0.021 |
2 | 259056 | 0.020 |
1 | 500000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 167781 | 2 |
0.025 | 383000 | 2 |
0.026 | 425000 | 1 |
0.027 | 264270 | 3 |
0.028 | 334615 | 2 |
Last trade - 12.00pm 29/07/2024 (20 minute delay) ? |
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DGR (ASX) Chart |