From thr AGM. Not specific $ figure guidance but looks ok to me.
Important to note that the DGL team has pretty significant battle scars from the last 18 months of missing guidance and getting hammered for it, all the way from $3 down to $0.65 at the low.
It makes sense to me that they are reluctant to put a $ on it given how theyve been treated, but hopefully this is the half-yearly where they start restoring the faith of the market.
Management teams who dont put out guidance often do so to be overly conservative, even to the detriment of the share price in the short-term, as lots of investors see lack of guidance as either a) lack of accountability for mgmt or b) a sign that things are going to be bad.
In this case I think its just that Simon wanted a half to really reset the business before committing to a number, which I expect we will get for FY24 on release of the 1H.
just my thoughts.![]()
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From thr AGM. Not specific $ figure guidance but looks ok to me....
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