The company will take a proposal to delist from the Australian Securities Exchange to its shareholders at a meeting on May 2, in a potential wake-up call for the Australian Securities Exchange about its strength in serving junior miners active overseas.
All of Dragon’s material assets are in Sweden and Finland.
Dragon chairman Arthur Dew wrote in the annual report, also released today, that he and the board felt there was “a disconnect” between the company’s Australian listing and the Nordic base of its operations.
“As a result, there has not been significant interest in the company’s securities in Australia,” he wrote.
“Accordingly, consideration has been given to listin...