DCG 0.00% 29.3¢ decmil group limited

Ann: Decmil Awarded $57M of Defence Contracts, page-29

  1. 1,125 Posts.
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    I don't think a major shareholder would deliberately run his own company into the ground when it pays a substantial dividend to him is what I meant, only a fool would do that. I would have thought that if these guys were so on the nose they would have been absolutely smashed by the market today which dropped 4%, the banks dropped almost 5% yet DCG only dropped 2%. Today's small drop surprises me based on the market's broader drop and majority of neg-raving comments that they get on Hot Copper so perhaps they are bottoming out, I have no idea. I guess time will tell and it will be interesting to see how it fairs if the markets continues with a broader sell off given the limited shorting scrutiny that they appear to be under-at this stage-and that they have a share buy back in place which may increase earnings per share if they follow through with it, usually means a company has spare cash and believe their shares are undervalued and have limited other options to pursue-just my opinion guys..
 
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Last
29.3¢
Change
0.000(0.00%)
Mkt cap ! $45.50M
Open High Low Value Volume
29.0¢ 29.3¢ 29.0¢ $5.409K 18.63K

Buyers (Bids)

No. Vol. Price($)
16 3293374 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 824906 13
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Last trade - 10.25am 10/07/2024 (20 minute delay) ?
DCG (ASX) Chart
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