Maybe not enough marketing spend? When you are looking for copper stocks to buy, DVP is not top of mind. Develop Global still sounds like software engineering / real estate development agency. Unless you are goldie, you won't know The Legend running the show. Judging by some previous posts, some ESS holders don't even know who that.
The SP and lack of demand could also indicate the market don't give two shts about spin talk anymore. Startup playtime is over. Seriously it's been three f'king years, MINres gave up, MAC killing it, GMD has doubled in the meantime. The hype premium and goodwill can only stretch so far, time to deliver.
Plenty of $2 stock available for a quick 10% return means SP is not going anywhere pending a miracle. Lithium only 15% of the business, it should not be marked down like a lithium stock. Copper $10K. DVP flat. Investor relations have been non-existent. Unless this is being held down for a merger or sale, it's baffling.
DVP Technical Analysis, page-2558
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Last
$1.99 |
Change
0.105(5.57%) |
Mkt cap ! $513.5M | |||
| Open | High | Low | Value | Volume |
| $1.95 | $2.05 | $1.94 | $2.325M | 1.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1530 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 3984 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |