"The Pioneer Dome pick-up explains Develop’s share price weakness in January..." quoting Barry FitzGerald (resources rising stars, 22-Feb 2024).
The main reason why DVP SP is sht for now is because of the ESS deal. If anybody should whinge, it's DVP holders who were diluted and didn't care for the lithium exposure. Been only 76 trading sessions since ESS conversion shares were issued. What were converter-holders expecting, a miracle? Current SP is still 35c ESS equivalent, which would easily be under 30c if not for the DVP deal. It's the copper, zinc, silver and contract revenue that will save the day.
DVP Technical Analysis, page-2033
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Last
$1.96 |
Change
-0.005(0.25%) |
Mkt cap ! $505.7M | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.98 | $1.91 | $691.9K | 354.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3919 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| DVP (ASX) Chart |