DGL 0.94% 53.5¢ dgl group limited

Ann: Acquisition of Australian Petro Chemical Storage, page-283

  1. 4,768 Posts.
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    There needs to be buyers. Unfortunately I expect Simon has put some potential purchasers and pundits off with his style and comments.

    Sentiment means a lot when there's no dividend to support the share price. I'm not sure that Simon cares about the share price so much except to the extent that it limits the company's capacity for growth.

    I agree that it's undervalued here (imho) but I think Simon now realises that if he wants to use company scrip to expand further then he needs to be more considered in terms of the likely market reaction to some of his comments.

    But yeah, if they get back to their knitting and are more mindful in their comments I can't see why it can't head back well north of $1 over time.
 
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