DGL 0.93% 54.0¢ dgl group limited

Ann: FY23 Trading Update, page-244

  1. 163 Posts.
    lightbulb Created with Sketch. 10
    IMO, another positive trading update can lead to an immediate rebound in sp

    https://www.livewiremarkets.com/wires/how-to-capitalise-on-tax-loss-selling-in-small-caps-and-3-stock-examples

    Some small cap examples
    DGL Group (ASX: DGL): Down about 40% this financial year and over 85% from its 2022 peak, DGL certainly ticks our first box of a poor-performing share price. The DGL stands for Dangerous Goods Logistics, which provides a good description of this business that offers a full-service solution for chemical and environmental manufacturing and distribution. Importantly, DGL may also tick our second box, with the last update from the company in March confirming that after a worse-than-expected first half result, second-half trading was seeing a “strong rebound in activity” leading to “stronger revenue and profit performance in the current half.” With CEO/founder Simon Henry owning more than 50% of shares outstanding, DGL is also illiquid and can see large swings in price on relatively little volume.
 
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Last
54.0¢
Change
0.005(0.93%)
Mkt cap ! $153.9M
Open High Low Value Volume
55.0¢ 55.0¢ 54.0¢ $68.95K 126.7K

Buyers (Bids)

No. Vol. Price($)
1 1195 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 25 1
View Market Depth
Last trade - 15.57pm 10/07/2024 (20 minute delay) ?
DGL (ASX) Chart
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