DEL seems a straightforward investment.
Backing a founder-led team aligned with shareholders.
The major risk is construction risk, tailwinds for renewables are massive and the bureaucratic mess which comes along with some other industries is minimal.
The good news is all their main projects are outside of NSW. I expect the occasional delay, but this company has demonstrated profitability for several years which is rare for a small-cap.
Ann: DEVO Project - Final Investment Decision, page-94
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Last
10.5¢ |
Change
0.020(23.5%) |
Mkt cap ! $22.65M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 11.5¢ | 9.5¢ | $261.7K | 2.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 422217 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 235623 | 4 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DEL (ASX) Chart |