What did they raise the money for?
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What did they raise the money for?
Not a bad day for DGC 😋
Was 2.04 at one stage on asx.
Been enjoyable having this share see how far we can go while they keep throwing cheque book around every few weeks
Moving at express train speed in the right direction 😁
Often there is significant discrepancy between ths ASX & NZX market prices.
There is sufficient volume that I am mildly surprised by this.
Maybe gaining abit of popularity be interesting with price coming back to 2.09 whether it'll hang around there or dip back more tomorrow had quick rise last couple weeks
Well this is getting abit dry. Must be approaching a PE of 70 or so.
Its a fine company that listed on sound multiples, with a good growth strategy and use for raised funds. But with the share price more than doubling (almost tripling!) it is turning into a bit of a meme stock with its share price in my viewing detached from any basis of fundamental support. Nice for holders for now, but a bit of a shame as likely to fall and wipeout recent purchasers equity and leave a sour taste. Not advice, DYOR so you can prove me wrong!
PE's are unimportant, but I do find the current SP somewhat bafflingly high.
Disc: The VGL SP baffled me for years and for years it stayed baffling and then, eventually, the SP dropped, a lot.