Liquidity isn't especially important unless you're day trading...

Liquidity isn't especially important unless you're day trading or wanting to trade large quantities, or you've only just found DEL and want to buy up quickly. Personally I've already bought my fill so I'm not fussed, I hope everyone here is already fully loaded too. Having said that, I think there are some good trading opportunities for anyone keen, and trading a stock which is on the way up is safer (some holders get angry at traders, but hey, I'm not resentful, good luck to all and I may do some more myself).

As you say, 20c is an important resistance level, partly because it's a natural resistance level. I was delighted to see us break it this morning! We should now test 22c fairly soon - it's fairly strong resistance, an almost 3 year high, which we tested just recently but didn't beat, but hopefully this time should, my discussion of the chart or just a glimpse of the chart should explain why, and once we beat that we should have a good shot at testing 26c, which we haven't exceeded since April 2021. The chart virtually speaks in plain English that it's going to test 26c in the next week or so with multiple indicators pointing to it and fundamentals to more than justify it. In my book it's 26c we need to break before we're off to the races, but beating 22c should mean we get to 26c pretty soon after, and maybe that's what you mean by off to the races (most holders would be happy to see 26c, I'm pretty sure).

Anything could happen over the silly season but the chart suggests we'll test 26c, then retest 22c which will be support, then some time in the first quarter of 2025 rerate above 26c, though we may need some good news for that to happen, and if we don't have any significant developments it may take longer (but we should have something coming some time next year to make it happen). One thing holding us back at this point could be the difficulty in calculating an exact appropriate market cap. If you didn't expect much growth the current share price/market cap might be reasonable, but it's fair to assume DEL will go through significant growth which could easily give multiples of the current price, however, when the market can't tangibly put exact figures/targets on things, the price doesn't tend to move as well, even if the direction is clearly up. Once we see some new projects announced, DEL should get a significant rerate.

Currently, DEL is the company I'm most excited about holding.