DVP develop global limited

DVP Technical Analysis, page-3594

  1. 3,090 Posts.
    lightbulb Created with Sketch. 876
    It needs to break the grips and shackles of the shorters holding this back.

    Shorts have not been unwinding quick enough and content with holding a reasonable position in the stock despite production just around the corner and a possible sale of minority holding in WL and copper price braking out?


    They are either:
    1) Extreme Risk Takers
    2) Have no idea what's around the corner
    3) Have inside Intel of something that negates all the positives around the corner.

    In my mind, the Shorts should be taking every opportunity to cash out now before the steam train flattens them or profits are reversed and eliminated? Instead they have been reluctant? In the context of where the company is at today, ordinarily these guys should be up crap creek without a paddle and exhausting themselves swimming against a buying tide but instead they are acting like they are floating on a still lake.

    8 Million + shares short, average daily turnover recent month say 425k = approx 19 days of trading volume to unwind. That's not even including other genuine buying interest which would mean a greater length of time to unwind.

    Come on DVP share holders, stay strong on the register and make the shorters work extremely hard to get these shares Don't feed the algos.

    Below shows the monthly copper price, monthly short position, followed by the DVP share price movement.

    Very Interesting, have a great weekend.

    https://hotcopper.com.au/data/attachments/6743/6743995-1c6311fe87490da666bfc017ead95ea1.jpghttps://hotcopper.com.au/data/attachments/6744/6744000-d28a82c410ca6e1a86a22d4411cf2a1a.jpghttps://hotcopper.com.au/data/attachments/6743/6743997-4c097e29ea68101a9b8fb9bfa99df9f7.jpghttps://hotcopper.com.au/data/attachments/6743/6743993-5b218a41424398f6b5ab2275ee4afe21.jpg



 
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(20min delay)
Last
$4.66
Change
0.120(2.64%)
Mkt cap ! $1.343B
Open High Low Value Volume
$4.54 $4.81 $4.54 $12.66M 2.694M

Buyers (Bids)

No. Vol. Price($)
1 2650 $4.66
 

Sellers (Offers)

Price($) Vol. No.
$4.71 6856 1
View Market Depth
Last trade - 16.10pm 26/06/2025 (20 minute delay) ?
DVP (ASX) Chart
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