IMO, another positive trading update can lead to an immediate rebound in sp
https://www.livewiremarkets.com/wires/how-to-capitalise-on-tax-loss-selling-in-small-caps-and-3-stock-examples
Some small cap examplesDGL Group (ASX: DGL): Down about 40% this financial year and over 85% from its 2022 peak, DGL certainly ticks our first box of a poor-performing share price. The DGL stands for Dangerous Goods Logistics, which provides a good description of this business that offers a full-service solution for chemical and environmental manufacturing and distribution. Importantly, DGL may also tick our second box, with the last update from the company in March confirming that after a worse-than-expected first half result, second-half trading was seeing a “strong rebound in activity” leading to “stronger revenue and profit performance in the current half.” With CEO/founder Simon Henry owning more than 50% of shares outstanding, DGL is also illiquid and can see large swings in price on relatively little volume.
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Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $153.9M |
Open | High | Low | Value | Volume |
55.0¢ | 55.0¢ | 54.0¢ | $68.95K | 126.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 42205 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.5¢ | 25 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 55459 | 0.540 |
5 | 102215 | 0.535 |
3 | 475608 | 0.530 |
6 | 74348 | 0.525 |
5 | 1010558 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 4101 | 3 |
0.550 | 31439 | 2 |
0.555 | 41036 | 2 |
0.560 | 1801 | 1 |
0.565 | 9000 | 1 |
Last trade - 15.57pm 10/07/2024 (20 minute delay) ? |
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