I've posted a copy of the opening lines of the announcement...

I've posted a copy of the opening lines of the announcement which I sourced from the commsec page

"ASX RELEASE 26 February 2024- Notice of 2024 Half Year Results Webinar. DGL Group Limited (ASX: DGL), a leading specialised chemicals business that manufactures, transports,stores and processes chemicals and hazardous waste across Australia and New Zealand "is pleased to announce" that it will release its results for the half year ended 31 December 2023 (H1 FY24) on Tuesday, 27th February 2024". (quotations NOT in the original but inserted by me).

No doubt companies commonly use the expression "pleased to announce" when they're delivering good news but they don't commonly do so when its bad news they're delivering such as that their Cash Flow and cash reserves have been savaged in the last quarter (which from recollection is what spooked the market in the case of DGL) and/or that their revenues/profits are below expectations etc. Its just a stupid thing to say and bound to get shareholders feeling that they're dealing with a company whose word they cannot trust. I for one dont accept they're assurances that we will see an improvement in the next quarter. Good if it happens but I don't think this is the first time the company's "guidences" have missed the mark.

I dont see the point of your comments about day traders. They are part of the share market landscape and they can drama comments exacerbate a run as its certainly seems they did with respect to DGL. All more reason why DGL needed to manage the situation properly rather than give the impression that all was rosy and then drop the bombshell the next day. What's that expression; the taller they are the harder they fall. Same concept here. Henry built people's expectations up so when they crashed they crashed hard.

And it doesn't matter that in your case you're not bothered. Clearly, lots of other shareholders were bothered and as a result it impacts not just on them but on you too. Reality is that the value of your investment has been cut by well over 30%. And the worst of it is that 8 weeks later the SP has not improved since that day it crashed. Feel free to have as much confidence as you like but i dont share it and clkearly lots of oither shareholdersand prospective shareholders feel the same as me.