DEV 3.23% 30.0¢ devex resources limited

DEV is doing what DEV does best The 2nd Last CR was 17-08-22...

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    DEV is doing what DEV does best
    The 2nd Last CR was 17-08-22 with a high that day of 0.425c and falling to a low of 0.24c 3 three months later
    The latest CR Came off a high of 0.41c a few weeks earlier than than the CR when everyone was asking is this the next big thing and we get....
    https://www.devexresources.com.au/sites/default/files/asx-announcements/61168788.pdf
    https://www.devexresources.com.au/sites/default/files/asx-announcements/61168783.pdf
    and everyone was asking WTF....was those announcements....
    Then Banga trading halt with CR....
    That was a 10m placement on the 13-10-23
    falling to a low of 0.235c......
    Now 3 months later we are coming off the lows as before....
    If you view the attached post it shows similar trading action with the CR's before these 2...
    This was an underwritten placement so the underwriter will be holding a lot of shares as it fell through the CR price very quickly so a lot didn't take up their entitlement.....
    All good but now we are back at the placement price with a nice bounce and showing a daily Doji so tomorrow will be telling....


    DEV_2024-01-04_18-46-18.png
 
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