Probably not a big change in share price. I am one of those ESS refugees, had sold 2/3, thought it was overvalued. Around this level DVP starts making sense.
Recent projects sold by minres need capital to build project. Minres has its own building program, needed the money, and didn't have funds to invest in companies it had partial stake via share%.
Makes sense for Chris. Funds that are buying Minres share of DVP, that is their game. Floor should be $2. But should stay around this current price until your super hero Bill-Bee really triggers a rush. Expect some good drill results from ESS ground will help at some stage or sustained copper price move.
Bill-bees recent release about increase in return on Woodlawn, which was a piece of advertising, did help Chris move his stake. Already sold.
Ann: Woodlawn Production Restart Study - NPV increases by 37%, page-152
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Last
$2.42 |
Change
0.090(3.86%) |
Mkt cap ! $656.8M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.44 | $2.36 | $1.371M | 571.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 9404 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DVP (ASX) Chart |