Not having a dig but....
Funny stuff....Always a conspiracy theory....
♠ Is the substantial buyer starting to buy here
♠ Perhaps we have a new buyer amongst us etc etc
♠ I think it far more likely yet another wealthy investor has said to his broker I want X number of these DEV shares pay up to X and get them for me quick smart.
Even posting charts with possible outcomes days before it happens still isn't enough to convince people technical analysis does work and is at play here.
CHN had a smaller flag (consolidation) after its recent strong rise both DEV and CHN are now technically doing exactly what they are meant to do technically..... and that is continue up.....until the targets are hit...
The fundamental reason is nearology...
and because Julimar is shaping up to be a monster in the eyes of investors - IMO...
DEV needs good results soon at LFB Basin Creek or Junee or their recent AEM because Nearology will only cut it so far........GL IMO....
We now have over 80 million market cap......... It will have a 102 million mkt cap if the 0.415c target is reached.... enormous.... and as fun as all this is there will be a correction.
May be a hill too far let's wait and see....
The gap at 0.30c - 0.31c could still be filled with a retest of the breakout but let's see what happens.....
CHN was there around Feb this year just before the big Covid plunge it was 0.33c. 80 million mkt cap or thereabouts..
DEV Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
(20min delay)