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 examplesDGL 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
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $142.6M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 49.5¢ | $111.8K | 224.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 32930 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 2011 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 32930 | 0.490 |
2 | 52000 | 0.485 |
2 | 8322 | 0.480 |
3 | 82049 | 0.475 |
4 | 72627 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 2011 | 1 |
0.510 | 138511 | 3 |
0.515 | 15000 | 1 |
0.520 | 21152 | 2 |
0.525 | 19047 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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DGL (ASX) Chart |