iI wouldn't trust anything in DVP share price close to vote, could be being built by MIN or other for their own reasons of getting ESS into DVP hands. The buying of DVP will probably stop after the bid and DVP will settle back to sub $3. Underlying value mid case about $1.75. To me ridiculous pushing ESS assets into a overvalued company. I don't believe in Gurus, I believe the in ground assays, tenement holding and prospectivity of ESS, and outstanding location near Kalgoorlie and infrastructure. The assets DVP has don't really have any blue sky.
There has been one spike, then typical trade after for about $10M to hold price in DVP... that is tiny for driving DVP share price higher. Why is it going up at present? None of its assets have changed.... the commodity prices for DVP suite haven't increased, no new large scale engineering.... there is no reason other than gaining ESS in October.
ESS Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held