Very interesting development indeed.
Tuesday 16-May at 2pm he still appeared very keen on the LTR project at the RRS presentation.
Then the next week around Monday 22-May, ESS SP started going down until before the takeover offer on 4-July.
It says on the quarterly: "after the end of the quarter Develop advised Liontown Resources that it would not participate in the second-round tender for the underground contract at Kathleen Valley"
That means after the offer for ESS was announced on 4-July, DVP "withdrawn from the tender process".
He emphasised no dilution for almost 2 years, eyeing LTR for 1 year and then for him to suddenly change tack suggests something material is brewing.
Ann: 30 June Quarterly Activities Report, page-20
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Last
$2.41 |
Change
-0.010(0.41%) |
Mkt cap ! $659.5M | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.47 | $2.38 | $423.8K | 174.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2746 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 9548 | 6 |
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| Last trade - 11.40am 06/11/2024 (20 minute delay) ? |
| DVP (ASX) Chart |