I am thinking more from a valuation perspective.IF DVP was put on sale today, it is well within the realm of possibility that they can attract a 20% premium minimum. That's potentially what a reasonable buyer might pay. Hence the SP is still undervalued with plenty of upside.
Their stated intent is to own and operate 3 projects along with 1 or 2 contracts. They need one more project since PD is on ice for now. I think once the SP gets around $5, they might do some M&A using scrip.
Struggling smaller companies should really bend the knee, kiss the ring and take DVP scrip at nil premium. ESS converts and OMF all did very well taking DVP scrip.
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- Ann: Substantial Commencement at Sulphur Springs
DVP
develop global limited
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5.64%
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$4.52

Ann: Substantial Commencement at Sulphur Springs, page-86
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Last
$4.52 |
Change
-0.270(5.64%) |
Mkt cap ! $1.303B |
Open | High | Low | Value | Volume |
$4.69 | $4.75 | $4.49 | $5.710M | 1.250M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 15328 | $4.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.52 | 11627 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 20633 | 4.510 |
16 | 24584 | 4.500 |
9 | 14173 | 4.490 |
12 | 33258 | 4.480 |
9 | 13961 | 4.470 |
Price($) | Vol. | No. |
---|---|---|
4.520 | 10234 | 24 |
4.530 | 9684 | 18 |
4.540 | 7577 | 9 |
4.550 | 13022 | 12 |
4.560 | 12753 | 8 |
Last trade - 13.15pm 25/06/2025 (20 minute delay) ? |
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DVP (ASX) Chart |