DGL - DGL Group

[Nor]

What did they raise the money for?

[Louloubell]

Not a bad day for DGC 😋

[Nor]

Was 2.04 at one stage on asx.

[Muzz1234]

Been enjoyable having this share see how far we can go while they keep throwing cheque book around every few weeks

[Louloubell]

Moving at express train speed in the right direction 😁

[Snow Leopard]

Often there is significant discrepancy between ths ASX & NZX market prices.
There is sufficient volume that I am mildly surprised by this.

[Muzz1234]

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

[Gerald]

Well this is getting abit dry. Must be approaching a PE of 70 or so.

[Muse]

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!

[Snow Leopard]

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.