Of course best case scenario, funding and re-rate. If market likes the news, $2 buyer stake crosses at >$2.75 to strategic long-only investor, cheap stock taken out from market, supply go down, SP goes up. DVP goes >$3, market follows the momentum trajectory and back to $4 this goes.
For now, the stock is at a crossroads. The market is sitting on the fence:
If they can find the good money (reasonable rates, strategics, de-risking), long term hold no brainer.
But if no money (CR at discount) or on onerous terms then the stock is a value trap, prepare for drop.
Until they announce the finance for reals, SP sideways movement with no trajectory. Market needs to see the money first, and what kind of money.
Of course best case scenario, funding and re-rate. If market...
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DVP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.25 |
Change
0.030(1.35%) |
Mkt cap ! $549.1M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.30 | $2.22 | $1.331M | 591.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21799 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 1656 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DVP (ASX) Chart |