Small Cap Stocks Down Under 7 October 2022: DGL Group (ASX:DGL)
DGL Group: Is it really growing?
DGL Group (ASX: DGL) was a market darling for much of 2021, listing at $1 and hitting an all-time high of over $4. Yes, there’s those controversial comments made by its CEO, but shares took a particularly strong hit after its FY22 results. This was despite the company generating a record profit in its results. Are investors just profit-taking? Or do they have other problems with its results beyond an impressive bottom line? In our view, the answer is the latter. But are those concerns legitimate?
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