DVP 5.09% $2.05 develop global limited

DVP Technical Analysis, page-2221

  1. 2,165 Posts.
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    Just as expected the cards are revealed only after ASX 300 inclusion on Monday. No news for months and then 2 announcements back-to-back. Puzzle pieces clicking in place. Three contract revenue about $45M? a quarter starting July. WL financing likely to start around the same time and the contracting cashflow will service the debt. If they FID next quarter and begin WL mining mid-year, by December they should reach steady state. Beta Hunt job probably winds down December - the guys can then move on to PD and start work there. Good that the MINres and Beta Hunt projects are relatively short-term, means they can work on the company's assets WL/PD/SS instead. The SP might not reflect this, but the stock's about to pop. My almanac still says this will burst through 52-week high on 29-April 2024.
 
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Last
$2.05
Change
-0.110(5.09%)
Mkt cap ! $529.0M
Open High Low Value Volume
$2.15 $2.15 $2.05 $616.0K 296.4K

Buyers (Bids)

No. Vol. Price($)
2 4829 $2.05
 

Sellers (Offers)

Price($) Vol. No.
$2.06 976 4
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
DVP (ASX) Chart
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