DGL - DGL Group

[percy]

Another good bolt on.
https://www.nzx.com/announcements/379527

[whatsup]

What a wonderful company/share, tripling since listing 4 1/2 months ago, WONDERFUL !!!!

[Muse]

What a wonderful company/share, tripling since listing 4 1/2 months ago, WONDERFUL !!!!

It is a wonderful company for sure. Good listing, solid use of new capital, etc. it deserves to perform well.

But sadly, after tripling its SP in just a few months, it has become a meme stock, with its price moving soley on account of momentum and enthusiasm and completely untethered to reality or fundamentals.

Enjoy it while you can.

[Muzz1234]

Another acquisition profill in Western aussie definitely not afraid of growing

[Nor]

No property with this one though just leases. Maybe buying freeholds next?

[Nor]

Again!!!!!

[percy]

Again!!!!!

Certainly knows where he wants to take the business.
Building on solid ground.

[Nor]

I hope he's as good at juggling the management of all these companies as he is at buying them. Or has some system worked out to simplify it.

[percy]

I hope he's as good at juggling the management of all these companies as he is at buying them. Or has some system worked out to simplify it.

Seems to have had an excellent strategy getting the business built up to list,and I would expect he has been planning these bolt ons for some time.

I guess it would be like us planning to selling a rental property in a year's time, and figuring out what shares we are going to buy with the funds.

[Nor]

Seems to have had an excellent strategy getting the business built up to list,and I would expect he has been planning these bolt ons for some time.

I guess it would be like us planning to selling a rental property in a year's time, and figuring out what shares we are going to buy with the funds.

Almost all cash this time. Were they able to drive a harder bargain I wonder.