"Fitch Ratings said it was increasing its price assumptions for several types of fertilizer, including ammonia, urea and phosphate rock, reflecting "year-to-date prices, higher gas prices and supportive supply-demand trends," it said."
Last time this happened DGL over-earned substantially. Back then, share price was close to $4 while it's at 0.86 today. Doesn't take much of a sentiment shift to change this stock.
https://www.copyright link/companies/transport/adblue-crisis-averted-but-driver-shortage-a-new-worry-20220119-p59pdc
https://stocksdownunder.com/article/dgl-group/
https://www.abc.net.au/news/2021-12-15/adblue-local-producer-secure-urea-diesel-crisis/100699832
Over-earning (again) in 2024?
Add DGL (ASX) to my watchlist
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Last
56.0¢ |
Change
0.005(0.90%) |
Mkt cap ! $158.2M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 55.5¢ | $14.17K | 25.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28678 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 25661 | 2 |
View Market Depth
| Last trade - 11.49am 18/06/2024 (20 minute delay) ? |
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Last
55.5¢ |
Change
0.005 ( 0.98 %) |
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| Open | High | Low | Volume | ||
| 55.5¢ | 56.0¢ | 55.5¢ | 6894 | ||
| Last updated 11.36am 18/06/2024 ? | |||||
| DGL (ASX) Chart |