I'd like to see the board gain a few independent seats, to...

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shareshark1

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24/02/24

19:38

Post #: 72578893
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Originally posted by elleburra: ↑

lad,
naughty boy, stirring the fur again.
Reminds me that I forgot to reply to Quesoche when he said:-
"Peter James is likely sizing up the business for sale ASAP"

Firstly if that is the case James would be doing a huge disservice to all shareholders except perhaps the day traders. Flog it off for a low ball price? I realise that is in his DNA but cripes to even seriously think along those lines now at this stage of the company's development would surely
mean he has no place anywhere near DRO. Sure, consider the possibility of a hostile bid and where possible look to put in some defences but that should be it.
Only possible reason to support an early offer would be if the board foresees the wheels falling off with minimal sales this year, hardly likely.

DRO surely is one for long termers with a lot of patience, good nerves, and cash that's not needed for a year or three.

Interesting to look at the course of sales now, particularly the size of each sale. At the start of this run volume was mainly made up with many 200K to 500K bids. Now they are very rare, a quick glace at yesterday all I could see was one about 500K. Lot of small pass the parcel trades.

regards, EB

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I'd like to see the board gain a few independent seats, to create more safe guards for investors and keep each other accountable.

DRO Price at posting: 74.0¢ Sentiment: Buy Disclosure: Held
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