It needs to break the grips and shackles of the shorters holding this back.
Shorts have not been unwinding quick enough and content with holding a reasonable position in the stock despite production just around the corner and a possible sale of minority holding in WL and copper price braking out?
They are either:
1) Extreme Risk Takers
2) Have no idea what's around the corner
3) Have inside Intel of something that negates all the positives around the corner.
In my mind, the Shorts should be taking every opportunity to cash out now before the steam train flattens them or profits are reversed and eliminated? Instead they have been reluctant? In the context of where the company is at today, ordinarily these guys should be up crap creek without a paddle and exhausting themselves swimming against a buying tide but instead they are acting like they are floating on a still lake.
8 Million + shares short, average daily turnover recent month say 425k = approx 19 days of trading volume to unwind. That's not even including other genuine buying interest which would mean a greater length of time to unwind.
Come on DVP share holders, stay strong on the register and make the shorters work extremely hard to get these shares Don't feed the algos.
Below shows the monthly copper price, monthly short position, followed by the DVP share price movement.
Very Interesting, have a great weekend.
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DVP
develop global limited
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2.64%
!
$4.66

DVP Technical Analysis, page-3594
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Last
$4.66 |
Change
0.120(2.64%) |
Mkt cap ! $1.343B |
Open | High | Low | Value | Volume |
$4.54 | $4.81 | $4.54 | $12.66M | 2.694M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2650 | $4.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.71 | 6856 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2650 | 4.660 |
1 | 6856 | 4.650 |
1 | 6856 | 4.640 |
1 | 6856 | 4.630 |
1 | 6856 | 4.620 |
Price($) | Vol. | No. |
---|---|---|
4.710 | 6856 | 1 |
4.720 | 6856 | 1 |
4.730 | 8856 | 2 |
4.740 | 6856 | 1 |
4.750 | 5000 | 1 |
Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
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AMAERO LTD
Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
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