well played noonster … I think if you are serious about re entering then you will be paying a lot more for the shares post the results being announced on the 30th August … but hey .. time will tell.
A lot of the DGL cash on hand has been deployed buying businesses and strategic acquisitions of industrial properties which will improve margins and safeguard against having to relocate from sites that have the correct zoning to operate a dangerous goods business from .
I think you will find that the cash position as at the 30th June 2022 will make you feel better about how profitable the business is … but once again .. time will tell!
Food for thought though !
DGL Price action, page-173
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Last
55.5¢ |
Change
0.005(0.91%) |
Mkt cap ! $158.2M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 57.0¢ | 55.0¢ | $212.6K | 378.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57428 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 4917 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| DGL (ASX) Chart |