DVP 5.96% $2.49 develop global limited

Macro headwinds labour shortage, rising interest rates,...

  1. 1,920 Posts.
    lightbulb Created with Sketch. 1128
    Macro headwinds labour shortage, rising interest rates, inflation, China slowdown, Ukraine War, Covid. Pretty much the entire materials sector has been sold down, not just DVP specific - nothing to do with Woodlawn. Most days < 0.1% of stock on issue traded, therefore not panic selling volume yet. But gotta ask who is doing the buying at the other end? Low Cu prices won't stimulate development and exploration. But electrification and decarbonisation still happening. Once the supply crunch hits, this sector will fly. You make money on the buy - depressed prices all around so hopefully more acquisitions planned? All part of the cycle, everything depends on the Goldman Sachs of the world. Directors plenty of skin in the game. EnduranceRP still keeping their fingers crossed for $3.80.
 
watchlist Created with Sketch. Add DVP (ASX) to my watchlist
(20min delay)
Last
$2.49
Change
0.140(5.96%)
Mkt cap ! $604.2M
Open High Low Value Volume
$2.38 $2.53 $2.37 $1.959M 791.4K

Buyers (Bids)

No. Vol. Price($)
1 2758 $2.47
 

Sellers (Offers)

Price($) Vol. No.
$2.50 12707 2
View Market Depth
Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
$2.50
  Change
0.140 ( 6.00 %)
Open High Low Volume
$2.40 $2.53 $2.40 288896
Last updated 15.59pm 29/04/2024 ?
DVP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.