No I think this is a positive for DGL. Energy costs in Australia are not excessive and the country has huge oil and gas reserves both tapped and untapped which tends to suggest this situation will continue. Electricity prices in Aus are on par with the US. DGL supplies goods and services that are required and will continue to be required - that demand will fluctuate from year to year and I'm sure they will have some difficulties in integrating the businesses but over time I'm confident earnings will grow. Sushames a good operator looking after manufacturing and added $150 shares to his holdings of over 1m at 66c a year ago.
Ann: FY23 Trading Update, page-220
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Last
56.0¢ |
Change
0.020(3.70%) |
Mkt cap ! $159.6M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 57.0¢ | 55.0¢ | $72.58K | 129.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36292 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 10716 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DGL (ASX) Chart |