Unfortunately/fortunately that is just the nature of the share market. There are market wide sell offs here in Australia and in the US at the moment due to rising inflation and when that happens it can hit low liquidity shares like DEL hard because a relatively small number of shares sold can cause a disproportionate move in the market cap. Short term moves like this are not necessarily linked to the value of the company so whats priced in and whats not priced in isn't really relevant.
https://youtu.be/1lao_E-EWQ8?t=67
Unfortunately/fortunately that is just the nature of the share...
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 (20min delay)
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Last
20.0¢ |
Change
0.020(11.1%) |
Mkt cap ! $44.05M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 20.0¢ | 17.5¢ | $415.1K | 2.164M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82125 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 125000 | 3 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| DEL (ASX) Chart |