On what metrics do you think DEL is expensive? Even at $0.40 the EV was pretty reasonable based on its operating history/ growth prospects IMO. If you have a peer comp table 'd be keen to see it. Problem is Morgans mispriced the IPO, a 100% first day gain is always going to attract stag sellers.
Let's wait and see - but as I said I will be very surprised if Regal doesnt lodge a change of substantial in the coming days. They are happy to trade the trade.
Ann: Becoming a substantial holder, page-100
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $10.12K | 77.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 22971 | 2 |
View Market Depth
| Last trade - 14.28pm 18/10/2024 (20 minute delay) ? |
| DEL (ASX) Chart |