From market cap perspective no, but if based on SP value decimation then it's a plausible argument. DVP SP was $4 late Jan 2023. Current SP $2 - so the stock lost $2 in 18 months. Current SOI 258M shares x $2 = $516M potential value wiped out (for now). Artie is not totally wrong to say $500M gone in 18 months.
DVP Technical Analysis, page-3023
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Last
$2.38 |
Change
-0.100(4.03%) |
Mkt cap ! $636.6M | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.45 | $2.35 | $356.0K | 148.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2402 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.39 | 2499 | 10 |
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| Last trade - 11.09am 01/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |