I am with the director as well. The market was overreacted with the business outlook and general cash positions. There are many companies out there that performed much worst and needs constant cap raise to survive.
DGL at least have retained most of their assets from acquired businesses and those asset values itself can be turned into liquidity in the future if needed.
News: DGL DGL Group Ltd Says FY Underlying NPAT Of A$33.6 Mln, Up 197% On Pro-Forma, page-53
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $146.8M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 51.0¢ | $96.39K | 186.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 584 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 1615 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| DGL (ASX) Chart |