DEL traded at 40 cents the day of the IPO. Either way that example isn't totally relevant, but 27 cents is a stone's throw away right now. This is a good outcome for shareholders regardless of if I want them to get issued the options or not.
As for getting hammered, closed at 19c? If you watch the trading, it's clearly trending technicals RN. Someone on CFD selling / buying (or just normally on cash) ate up 17 cents today like it was chippies
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 (20min delay)
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $38.54M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $25.19K | 144.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50765 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 459143 | 11 |
View Market Depth
| Last trade - 13.19pm 01/08/2025 (20 minute delay) ? |
| DEL (ASX) Chart |