It is clear we can pick the shares up today near NTA. However what is your thesis behind this ripping. Not that I disagree just that would like your perspective.
My belief is if they can show organic growth at the top line for the half then it will look extremely positive to the market and given broader market sentiment has improved, particularly for small caps then yes I think it could rip back to $300m + MC. For the record I have recently re-entered. I’m willing to give Simon and co 18-24 months.
Ann: FY23 Results Investor Presentation, page-85
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Last
60.5¢ |
Change
0.015(2.54%) |
Mkt cap ! $171.1M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 61.5¢ | 58.0¢ | $216.0K | 359.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 16864 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 105522 | 4 |
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| Last trade - 15.36pm 18/11/2024 (20 minute delay) ? |
| DGL (ASX) Chart |