this seems plausible to close that gap... it seems like the trading action is moving this back in an orchestrated manner..
granted some companies need consolidations or splits to create some noise.. but i thinks its a little different here.. it will benefit the company long term..
and as you said in post #57469165
"This is the best case scenario in fact. Some splits/consolidation when a company has weak fundamentals is down right dangerous."
DVP fundamentals are far from weak.. i mean look at Tesla.. splitting all day everyday (exaggerating but you get my point) and in my mind it's completely irrational.. but the market is irrational i guess.
VXR TA, page-245
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Last
$2.32 |
Change
-0.080(3.33%) |
Mkt cap ! $629.2M | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.46 | $2.30 | $871.8K | 369.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9385 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 408 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |