Post by
TheCount11 on Nov 14, 2024 2:03pm
Equity per share $3.26
When one of my large holdings has equity per share increasing it puts a smile on my face.
The sale of 8000 TauRx for $1M USD (this wouldn't be a junior mining Shitco if there were no management stunts) was classified as a Subsequent Event. Next quarter the "stunt" will meaningfully increase NAV. Lack of disclosure around this...
Very disappointed a by lack of common share buybacks with stock at over a 50% discount to NAV.
There is $41M in cash to buyback heavily discounted stock. Dundee (DC.A) Current Market Cap is $142M. Management needs to show that they believe in their assets by buying back stock! If I was running Dundee this stock would never have been below $2.00. Management needs to regain investor trust and confidence to close the NAV gap.
Comment by
nozzpack on Nov 14, 2024 4:35pm
I agree. Absolutely horrible stock promotion. I have juniors buying back shares but not Dundee.