Eventually Stephen Tomisich the CEO / owner founder here and Simon Henry (CEO / founder) at DGL will realise that the market doesn't get turned on by their acquisition strategy and the associated dilution that happens every time they acquire a company. If they keep issuing script - existing shareholders get diluted. Stop the dilution, grow the business organically until one can afford acquisitions through cash and debt and the share price will reflect the value that is there in the underlying businesses. Both underlying businesses are actually attractive - but - Both TRJ and DGL are suffering the same fate and their CEO's are both bitten by the same acquisition bug and scratching their heads why the share price is falling.
Ann: Trajan Investor Presentation and Investor Roadshow, page-2
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Last
$1.15 |
Change
-0.010(0.86%) |
Mkt cap ! $175.0M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.20 | $1.10 | $11.58K | 10.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 46149 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| TRJ (ASX) Chart |