Draganfly Share Discussion Threads

[moreforus] 17/1/2011 09:00

thouht you sold everything for VMP!!

you still here!

[comedy] 17/1/2011 08:58

can sell 25k in aoner...look slike they are holding it to get back stock?

[comedy] 17/1/2011 08:53

i'm sure drg will go when it is ready... i've got 2 deal settling 19 jan and 1st feb so guess they think they will be getting stock back?

[moreforus] 17/1/2011 07:24

more good news at SXX...

and DRG still impossible to buy...

[tara7] 14/1/2011 08:14

SXX breakout this morning.!!

[mh100] 13/1/2011 23:20

How many SXX do DRG hold or put it another way how can I find their list of investments? website nor accounts seemed to have this information.

[tara7] 13/1/2011 14:47

SXX on the up again , also note this tiny Draganfly has other shares that are being re rated by the market.

Take a look at the news from one of its other long term holdings.

I am looking for at least two floats this year [as the market is on the up.]

[daicaprice] 11/1/2011 17:14

SXX 15p and DRG doesn't move, baffles me, whats your take tara?

DC

[tara7] 04/1/2011 13:25

Results, poss deal, and NAV update on the way.!!

Way undervalued.

[comedy] 04/1/2011 13:21

taken 225k ...wont sell any now..:0

[moreforus] 24/12/2010 07:39

100k yesterday 250k day before ...lse and at 1.1p...why report after market? because they are passive buy orders being filled by sells - it looks like someone does not want to spoil their own market ...

[flashheart] 24/12/2010 07:37

M4 I assume this accumulation has been on PLUS. How many are we talking about?

[moreforus] 24/12/2010 07:27

someone has been accumulating - couple after market buys means buy order worked...

i think mms pulled a fast one dropping the bid back to 0.75p last week..on no sells..triggered some after...

[flashheart] 24/12/2010 07:24

This should start to react soon. Another cracking RNS from SXX. How much has this holding got to be worth now?

[daicaprice] 17/12/2010 12:42

17p-16.65 now SXX, DRG should be closing in on 3p!

DC

[daicaprice] 17/12/2010 10:23

15.5 offer at SXX and no movement at all here, not what I expected I have to say, would have expected over 2p easily.

DC

[flashheart] 17/12/2010 08:28

Well SXX still bombing along......this will have to respond accordingly soon.

[sunjammer] 16/12/2010 09:52

"it still looks to me as if DRG is priced significantly above the net asset value of its investments"

Indeed let's stick to the facts, whilst SXX and others may have gone up in value until they let us know what the NAV is it is pure speculation albeit well informed speculation.

To all: Please understand I am NOT absolutely categorically NOT saying don't buy, just exercise caution.

[seagreen] 16/12/2010 09:37

Sunjammer :

Whilst I accept the stock is fairly iliquid and so it is one for long term rather than short term trading and the spread is awful and quite clearly you would not be able to exit a large amount of stock with out a buyer in the wings.

I have to take issue with your post 38 which is inaccurate and misleading and untrue
"........Despite the increase of the share price of SXX it still looks to me as if DRG is priced significantly above the net asset value of its investments.........."
.
They issued a statement on the
3rd Dec saying the NAV was 0.90 and a further statement on

7th Dec stating The Directors have noted the recent price rise and are pleased to confirm it reflects increases in the prices in a number of the Company's quoted
investments.

On the 3rd December SXX was trading at circa 8.25p it is now 13.75 with share options for the future being issued at 25p,35p,45p


Can we stick to facts DRG is trading at 1p to 1.25 currently....I would suggest the NAV must be nearer 1.5p heading towards 2p and is clearly more than 1p so we are not "significantly above the NAV of DRG"

Likewise we have several pre IPO investments and if SXX got towards the 40p region it would give DRG the chance to regenerate itself as its NAV would be considerably higher.

[sunjammer] 16/12/2010 09:20

Good luck. Your problem IMO will be exiting a large postion, smaller ones I suspect will be possible to exit. I am not saying to smaller traders/investors don't buy, but to exercise caution if doing so, for me the size of transaction I undertake makes it a non-starter. There are presently only two market makers, and a 25% spread so selling could prove difficult.

[daicaprice] 16/12/2010 09:11

I did before I bought thanks.

DC

[sunjammer] 16/12/2010 09:01

"daicaprice - 16 Dec'10 - 08:26 - 39 of 39

Do you hold any DRG Sunjammer? I see you are deramping on the SXX thread.

DC"

No and I've no intention of at the moment for the reasons stated on SXX bb. It is not a de-ramp as it can be substantiated, ring your brokers and ask about the liquidity of this share (I have). Also look at the RNS's in terms of net asset value then look at the share price also look at the annual management charges then make your mind up.

[daicaprice] 16/12/2010 08:26

Do you hold any DRG Sunjammer? I see you are deramping on the SXX thread.

DC

[sunjammer] 15/12/2010 21:45

Despite the increase of the share price of SXX it still looks to me as if DRG is priced significantly above the net asset value of its investments. Whilst there's good leverage with DRG one must bear in mind that it is being seriously milked in annual Directors fees which in all probability will remove the benefit of SXX's rise unless of course it goes ballistic.

[moreforus] 15/12/2010 17:26

SXX 13-13.5p