You're welcome to your view but it doesn't square with the facts IMO. Lets look at the SP history. DGL had an almighty crash from $4.49 in late April/early May 2022 and has been going down ever since. Let that number sink in $4.49 compared to 60c now. Then another almighty fall in late Aug 2022 from $2.90 to $1.55. After that it ranged for about 8 months and then took another nose dive in late April 23 from $1.79 to $0.66c in late June 23; ranged again for about 8 months managing to get up to about $1.08 when it crashed again to .60c about 10weeks ago.
What troubles me about this is that notwithstanding the continuous downward trajectory, you say Henry pivoted from his mistakes and adjusted his strategy. No he hasn't and he's still persisting with the same old strategy.
IMO most CEOs/MDs who watched their SP plummet from such heights would have adjusted their strategy and concentrated on building the SP for the sake of their Shareholders. Instead, Henry has announced that he's persisting with more M&A even though he acknowledged that he had gone too hard in M&A in the past. Shareholders deserve far more from Henry but he's NOT delivering even though the market has been telling him repeatedly that enough is enough. Imagine being one of those poor schmucks whose been holding since $4.49
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Last
59.0¢ |
Change
0.025(4.42%) |
Mkt cap ! $168.2M |
Open | High | Low | Value | Volume |
59.5¢ | 59.5¢ | 57.5¢ | $103.8K | 176.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1025 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 1999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1025 | 0.575 |
1 | 15000 | 0.570 |
3 | 12912 | 0.565 |
4 | 19557 | 0.560 |
3 | 12405 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.590 | 1999 | 2 |
0.595 | 15791 | 3 |
0.600 | 94229 | 2 |
0.605 | 5000 | 1 |
0.610 | 20900 | 3 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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