DVP 1.40% $2.17 develop global limited

DVP Technical Analysis, page-2740

  1. 2,138 Posts.
    lightbulb Created with Sketch. 1192
    There is the vision and then the reality:

    1) Market don't seem to be buying the story anymore
    2) MINres took 4 months to sell their shares at a loss at $2
    3) DVP SP started dissociating from base metal prices since the lithium faux pas
    4) Been 12-months since SS DFS - no more development even with Cu $4-$5
    5) Been 26-months since WL acquisition from what was touted as 18-month turnaround

    The mining services business kicking goals, but it feels like this hybrid 3-in-1 bundling (Cu+Li+Services) is very confusing for the market to price. When you bundle things it tends to sell at a discount to the real value. There are heaps of value trapped under the hood waiting to be unleashed.

    Next week marks the beginning of the fourth year BB on the job. So is the 5-year plan starting from 2021 or from 2025?
 
watchlist Created with Sketch. Add DVP (ASX) to my watchlist
(20min delay)
Last
$2.17
Change
0.030(1.40%)
Mkt cap ! $529.5M
Open High Low Value Volume
$2.13 $2.17 $2.10 $1.514M 707.3K

Buyers (Bids)

No. Vol. Price($)
1 8000 $2.13
 

Sellers (Offers)

Price($) Vol. No.
$2.18 3552 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
DVP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.