DGX can potentially benefit from the following circumstances;
- Low interest rates to fuel purchases in and around the city - A softening resource sector hopefully freeing up more of construction workforce, the more there are the less picky they can be about rates of pay. - The make over of the city, the more attractive the city becomes, it's cosmopolitan feel, the more investors/nesters will seek to live close to the action. - More liquidity and more responsibility, hopefully starting to run as publicly listed company as opposed to a family operation
- Concerns - Militant unions, hopefully offset for reasons above. - Long term Macro environment for WA, I personally think the oil&gas space will fill a softening commodities market. - Diversification - probably will come after they get their WA operations right again, there last effort into an international play was a terrible.
DGX Price at posting:
4.0¢ Sentiment: LT Buy Disclosure: Held
