Put simply, you have to ask yourself why was DGL's cumulative capex or outlay for PP&E $137m when cumulative cash flow from operations was $140m?
Is the business that shite? Or are we about to see a rebound in earnings?
You have to factor in that of the $137m spent, $33.8m was for pure land, not counting plant and equipment.
FY2020 $13.513m
FY2021 negligible
FY2022 $20.356m
FY2023 negligible
Surely, the return on this outlay of capital won't be that bad.
Put simply, you have to ask yourself why was DGL's cumulative...
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Last
57.5¢ |
Change
0.005(0.88%) |
Mkt cap ! $163.9M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 58.0¢ | 57.0¢ | $87.36K | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 743123 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 5390 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
57.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 57.5¢ | 58.0¢ | 57.5¢ | 5723 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| DGL (ASX) Chart |