DGL 0.00% 51.5¢ dgl group limited

News: DGL DGL Group Ltd Says FY Underlying NPAT Of A$33.6 Mln, Up 197% On Pro-Forma, page-37

  1. 518 Posts.
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    Read the reports this seems beyond stupid. They have a bit of debt but that's due to the growth phase. Simon has also brought 2 mill worth of shares at 2.50ish recently.
    What do you think is happening here In layman's terms?
    To me they have enough profit to function without a cap raise.
    I would like to buy more but this is so farked. Who is selling 16.5 mill shares in 36 hrs?
 
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