Lollies: "cash low" - yes we can call see that, but there are good reasons for this!
Berger: "over valued" - maybe so for now but market is forward looking!
Why keep obsessing on the cash balance and ignore the receipts? How else do you build a contracting / mining business without investing money on people, equipment and drilling holes into the ground?
"Develop now has sufficient senior mining specialists to meet the needs of its own assets" have a read of the profiles of some of the latest DVP hires on LinkedIn. The labour market is tight. These guys can work anywhere and CHOSE to work at DVP.
SP run to $4 was unexpected and put it in 'overbought' territory. Technical pull back was therefore expected since traders have to trade the signal.
MIN / BlackRock still holding. They don't drink no Kool Aid.
Ann: 31 December Quarterly Cash Flow Report, page-27
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$2.08 |
Change
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Mkt cap ! $536.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 3620 | 2 |
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| DVP (ASX) Chart |