Maybe... Or perhaps the share price is currently so low that a million shares @ 4¢ just aren't worth as much as they used to be! . Yeah you're right, of course. Someone has unloaded their holding.
Not wanting to sound bullish, but despite the heavy volume, DEL is only down 0.2¢ and the next buy order will put DEL into the green for today. Small consolation but could be worse. I guess someone must have had a reason for buying those unloaded shares. Hopefully the buyers today know something we don't.
We'll be due an update hopefully next Friday. Let's hope for some positive progress and not more delay and corporate spin. I'd love to see this company make progress and do well, and be along for the journey. It's not even (completely) about the money, as silly as that sounds.
Ann: December 2022 Interim Financial Report, page-89
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $31.94M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.8¢ | $78.42K | 549.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 353583 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 511780 | 2 |
View Market Depth
| Last trade - 14.03pm 07/10/2024 (20 minute delay) ? |
| DEL (ASX) Chart |