DVP develop global limited

DVP Technical Analysis, page-4200

  1. 12,117 Posts.
    lightbulb Created with Sketch. 987
    ...are we there yet?

    Bottom today was a bit over $700m MC
    $150m wiped off from the top last Wednesday.
    Do we think this was all BGL driven or just Cu having its pull back? Anything else?

    Im thinking combination of both and a little media tariff scaremongering thrown in and there we go, shorts get their opportunity to cover as production train is steaming towards them.

    trouble is there are 7.36m shorts held as of last Thursday and I doubt they have been even halfway covered off.

    So what is the strategy of a shorter when production is imminent and the underlying commodity is still trading near ATH's ??
 
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(20min delay)
Last
$4.87
Change
0.060(1.25%)
Mkt cap ! $1.404B
Open High Low Value Volume
$4.81 $4.89 $4.73 $6.810M 1.411M

Buyers (Bids)

No. Vol. Price($)
4 46667 $4.85
 

Sellers (Offers)

Price($) Vol. No.
$4.88 16716 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
DVP (ASX) Chart
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