DVP 1.36% $2.23 develop global limited

People here, and the market more generally, seem to be...

  1. w27
    2,452 Posts.
    lightbulb Created with Sketch. 751
    People here, and the market more generally, seem to be interpreting the lack of market information negatively. I take the opposite view. I see the lack of releases as management seeing no need to stimulate market interest and support the share price. They have promised an FID this quarter. This will trigger a final payment to the trustee, from memory about $30M. They have stated that this will be from debt. I think the present silence indicates that they are working very hard on the final details and do not anticipate having to raise money to meet the final payment. They seem to have sufficient cash to get Woodlawn to first cash payment. My view is that everything looks to be under control, and we will soon be away. Patience is a virtue!
 
watchlist Created with Sketch. Add DVP (ASX) to my watchlist
(20min delay)
Last
$2.23
Change
0.030(1.36%)
Mkt cap ! $575.4M
Open High Low Value Volume
$2.21 $2.27 $2.19 $822.5K 368.2K

Buyers (Bids)

No. Vol. Price($)
1 3338 $2.21
 

Sellers (Offers)

Price($) Vol. No.
$2.24 507 1
View Market Depth
Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
DVP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.