DEV devex resources limited

Ann: Annual Report to shareholders, page-3

  1. 31,868 Posts.
    lightbulb Created with Sketch. 164
    Unfortunately no matter how l read it l cant see how raising close to 3 million cash and being valued at 3 million mcap is a great job...like anything can only go by mcap and fact they acknowledge uranium is turning l wonder after blowing close to 2 million bucks and importantly adding (400million shares) which now creates this so called consolidation scenario if it waa just better sitting put as no value has been added to mcap...its basically same price it waa this time last year in fact it might be cheaper now...can only deal in facts and mcap speaks volumes everything else well good or bad reality is nothing has grown our investment
    Consolidation right now makes us 3.6 cents meaning everyone who participated in raisings needs 7 cents perhaps 6 cents to break even(huge waste of time to date)luckily l will get out of this with a profit not sure what old holders feel but l know exactly how l would feel if l was in same position
    On top of it 6 weeks to go before consolidation
    Expect rewards providing c.r dont dilute us all over again 2020
    Not to long but till then l am sure most holders are pretty angry
    Obviously if your buying 3 mill cap or 4 mill cap you are laughing everyone else just needs to suck it up....l feel we will be rewarded but talk about making damn hard
    Luck to all
    Hopefully better times await if not plenty more stocks to win and lose on
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.7¢
Change
-0.003(3.75%)
Mkt cap ! $34.01M
Open High Low Value Volume
8.0¢ 8.0¢ 7.7¢ $39.89K 509.8K

Buyers (Bids)

No. Vol. Price($)
1 4220 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 6153 1
View Market Depth
Last trade - 14.20pm 31/07/2025 (20 minute delay) ?
DEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.