but now with further price declines the PE is no longer 18.
With further price declines the PE has now dropped to around 13-14 during todays volatile market trading.
I took a small position at $1.50. I can't get greedy and buy too bigger position, because DGL has not been listed for long enough. I can't get enough clarity on sustainable earnings. So just a small position for me on this stock at this price.
Disclosure: now held
News: DGL DGL Group Ltd Says FY Underlying NPAT Of A$33.6 Mln, Up 197% On Pro-Forma, page-44
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Last
45.0¢ |
Change
-0.015(3.23%) |
Mkt cap ! $128.3M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 45.0¢ | $142.9K | 312.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 64880 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 7966 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| DGL (ASX) Chart |