DGL 3.51% 55.0¢ dgl group limited

Ann: Head Office Relocation, CFO Resignation & Business Update, page-102

  1. 563 Posts.
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    I got no idea what you're talking about sorry. The point Im making has nothing to do with the SP on the day DGL announced that the following day the Co's quarterly results would be released. I'm saying that many who were holding on that day or bought in on that day were encouraged to continue holding or buy because of the Co's word choice. I for one was looking forward to the next day to see how high my shares would climb since the Co was "pleased" about the results it would release. Well when you build up people's expectations like that the disappointment and panic that follow is much greater esp in the stock market. Its all about expectations (Im surprised I need to spell that out for you). So in a nutshell what Im saying is IMO the fall would not have been anywhere near as great (40%) if the company had had more respect for its shareholders and not built them up for a big disappointment. You're welcome to your own opinion but that's mine.
 
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