MIN were getting flack from lenders. They have significant debt and the loans will have covenants carrying severe penalties if breached. Their share price dropped something like 25%, largely due to their lithium exposure. They probably had no alternative but to raise a significant sum of money and quickly. Sale of DVP was judged to be their best avenue to raise capital quickly. Sometimes we have to choose the best of the available options.
- Forums
- ASX - By Stock
- DVP Technical Analysis
MIN were getting flack from lenders. They have significant debt...
-
- There are more pages in this discussion • 326 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add DVP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.25 |
Change
-0.030(1.32%) |
Mkt cap ! $580.6M |
Open | High | Low | Value | Volume |
$2.23 | $2.29 | $2.20 | $2.115M | 939.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3593 | $2.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5300 | 2.200 |
1 | 1751 | 2.170 |
1 | 500 | 2.140 |
1 | 4629 | 2.070 |
1 | 200 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.280 | 6663 | 1 |
2.290 | 3982 | 1 |
2.300 | 22389 | 3 |
2.350 | 2007 | 2 |
2.360 | 5000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
DVP (ASX) Chart |