DVP 3.86% $2.42 develop global limited

Mr NST.ax/Bill Beament's Other Baby, page-143

  1. 6,365 Posts.
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    I'm in, buy order partially filled on the 01/04/2021. Price got away from me the last 2 days. Looks like I got lucky on the pullback and got it all filled today.

    A bit late to this party but immaculately dressed with 125,800 units at $0.345. Happy to leave that capital here for the next 3 years.

    Long term NST shareholder since the Halls Creeks days happy to back BB in his VXR endeavour.

    I'm a 50/50 TA/FA guy so I'll leave some thoughts here:
    1. Looks like VXR is still feeling the effects of the 0.39 resistance (Nov 2017 top) red line. If we can hold above $0.39 in this current run then this should form a solid base longer term.
    2. There is a mini support at $0.265 blue line (Feb 2019 top) this is a good top up point if we consolidate down here instead of point 1 above.
    3. At this point there is a fair bit of speculation thanks to the BB ann. That is why I'm happy to have bought smack bang between the two possible consolidation points above.
    4. On the FA, we should get a good SP tailwind when we get the financing done. Obviously the Trafigura financing (see 2019 AGM) was unsuccessful due to the balance sheet and capital position. But with BBs entry, recap and hopefully continuing Cu price trend then hopefully this gets a tick soon.
    5. I like Gold but I like Silver and Zinc better A throw back from the Zinifex days I suppose... hard to forget the first big win in the mining investment game.
    https://hotcopper.com.au/data/attachments/2969/2969829-04eb4a49e75c05bd62bcc134f99d0954.jpg

    If you've been holding VXR long, I would love to hear some history specially the previous declines around late 2017
    It is one thing to see it on the chart it is another to know the triggers that's happened previously...

    Good luck to all...
    Last edited by Exised: 04/03/21
 
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Last
$2.42
Change
0.090(3.86%)
Mkt cap ! $656.8M
Open High Low Value Volume
$2.39 $2.44 $2.36 $1.371M 571.5K

Buyers (Bids)

No. Vol. Price($)
1 2000 $2.40
 

Sellers (Offers)

Price($) Vol. No.
$2.43 9404 3
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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