Today was a perfect example of how stop losses can cause a share to drop sharply just from some initial panic selling from people who didn't understand the announcement.
The announcement was clearly positive ie IDENTIFIED HISTORIC MINERALISATION ESTIMATES (NON-JORC) WHICH THE DIRECTORS BELIEVE IS MATERIAL
Initial panic sellers appear to have triggered a few stop loss selling which just lead to more stop losses being triggered.
Very curious what mineralisation was identified. DYL is definitely a long term hold.
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Last
97.5¢ |
Change
-0.100(9.30%) |
Mkt cap ! $950.0M |
Open | High | Low | Value | Volume |
$1.00 | $1.01 | 97.0¢ | $4.369M | 4.414M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 149547 | 97.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 93512 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 75922 | 0.975 |
40 | 215981 | 0.970 |
13 | 122384 | 0.965 |
23 | 332074 | 0.960 |
13 | 550195 | 0.955 |
Price($) | Vol. | No. |
---|---|---|
0.980 | 92411 | 23 |
0.985 | 148521 | 22 |
0.990 | 286740 | 22 |
0.995 | 83511 | 11 |
1.000 | 106199 | 8 |
Last trade - 15.33pm 04/09/2024 (20 minute delay) ? |
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