DVP 2.70% $2.52 develop global limited

Ann: Half Year Accounts, page-3

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  1. 2,402 Posts.
    lightbulb Created with Sketch. 1248
    Once upon a time this company was a penny dreadful called VentureX (VXR) with $700K in the bank, $0.005 Share Price, $9.5M market cap, positioned at ASX 1400 - this was when I bought my first line of stock back in 2016.

    DVP now has $40M in the bank, $2.50 Share Price, $600M market cap, joining ASX 300 in SIX trading days. You tell me if this is junk.

    All bets all off come 18-March. ETF, Super, Index Trackers all have to buy. Certainly not the first day on the ASX300 rodeo for BB, once this gets on it's unlikely to ever come off. Chances are all the cards will be revealed after this gets on the index officially.

    Looking forward to:
    WL drilling results
    WL resource and reserve update
    WL mine plan
    WL FID
    PD scoping study
    Third contract
    Financing and off-take?
    SS FID?
    Likely cashflow positive next quarterly?
 
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Last
$2.52
Change
-0.070(2.70%)
Mkt cap ! $683.8M
Open High Low Value Volume
$2.55 $2.56 $2.49 $1.559M 619.6K

Buyers (Bids)

No. Vol. Price($)
1 300 $2.51
 

Sellers (Offers)

Price($) Vol. No.
$2.53 8931 2
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
DVP (ASX) Chart
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