I really cant understand what has caused such a large drop over the last week. If it was going to be bad new i would assume that they would have said something in the ASX please explain. Apart from the obvious, a large seller selling down or tax loss selling. I thought maybe a fund that is closing down maybe a forced seller. A few midcap funds have closed recently.
I ended up buying some shares today. A nice strong balance sheet, great inside ownership, nearly 6% FF div. Good ROIC. I do think they are struggling in USA. They had forecast revenue of approx $100m by now in the prospectus but looks like it will only be around 70m
@madamswer ive seen you posting in the DGL page. Just wondering if you have any thoughts on RDX? Its in the same industry but is a different type of business as it is really just a middle man.
RDX Price at posting:
$2.08 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)