Bullish developments on DEV's chart today. The long term downtrendline from the 2007 peak (at around $5.80) has been broken decisively. This trendline is only apparent on a log-scale chart - there's nothing to see on a regular linear chart.
I bought into DEV to bolster my exposure to uranium but it's looking as though it's copper/gold that's driving it higher. That said, it's still sitting on 5000 square km of prospective uranium ground.
DEV's market capitalisation has trebled over the last year but at just $16m it's still a minnow - hence it offers substantial leverage to any decent discovery, whether copper/gold or uranium.
General Discussion, page-9
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $66.25M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.0¢ | $94.53K | 631.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 527772 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| DEV (ASX) Chart |