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DDB - Dynamic Group Holdings

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Dynamic Drill & Blast Holdings Ltd (ACN 640 888 213) is an Australian drilling and blasting company incorporated on 13 May 2020. The Company owns 100% of the issued capital of Dynamic Drill & Blast Pty Ltd (ACN 153 894 403) (DDB), which was incorporated in October 2011 and provides quality services in the civil and mining industries from full production drilling to specialty blasting.

DDB has been providing drill and blast services to major mining companies, contractors and other customers over the last 9 years in Western Australia and the Northern Territory. Them business has extensive experience in most areas of drilling and blasting, from large mining production drilling and blasting, to vibration sensitive civil construction works.

DDB's revenue is generated from different sources. The main sources of revenue for DDB are as follows:

(a) mine production drilling and blasting for resource extraction - through the supply of labour, drilling equipment and drilling services, explosives equipment and explosive services; and
(b) construction project drilling and blasting for mine development purposes – through the supply of labour, drilling equipment and controlled drilling services, explosives equipment, controlled explosive services in close proximity to existing heritage and infrastructure

It is anticipated that DDB will list on the ASX during August 2020.

https://dynamicdrillandblast.com.au
 
trading for 2 days...... IPO of 25 million shares at 20c each.

1 minute chart:
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On December 2nd, 2021, Dynamic Drill and Blast Holdings Limited changed its name to Dynamic Group Holdings Limited.
 
About Dynamic Group Holdings Limited

Dynamic Group Holdings is a supplier of various specialised drilling services as well as blasting services to clients in the mining and construction sectors in Western Australia. The Company operates under three entities, Dynamic Drill & Blast Pty Ltd, Orlando Drilling Pty Ltd and Welldrill.

The Company’s s significant project pipeline is based around medium to long term contracts and has a highly experienced executive management team focused on quality service provision, employee safety and providing solutions. The Company is committed to business and quality management systems that provide the framework for its personnel to achieve its customer’s measurable objectives, while using continual improvement initiatives to strive for best practice performance. Since incorporation, the Company has developed comprehensive policies, procedures and processes that aid the safe, effective and efficient provision of services.

Dynamic Drill & Blast Pty Ltd is a supplier of drilling and blasting services to clients in the mining and construction sectors in Western Australia. Dynamic focuses on mining and construction projects within a range of commodity sectors, including iron ore, lithium and gold. Dynamic also undertakes short term specialised drilling and blasting projects.

Orlando Drilling Pty Ltd is a wholly owned subsidiary of the Company. Orlando is a Western Australian based company providing grade control, exploration and resource definition drilling services to the mining industry since 2007, utilising its fleet of AC, RC and diamond drill rigs and experienced personnel.

Welldrill (consists of two entities: PDC Drilling Pty Ltd; and Delmoss Nominees Pty Ltd) is a wholly owned subsidiary of the Company, providing water related drilling and services.

Airwell Flow Testing is a division of the Company and provides water bore flow testing services utilising proprietary intellectual property and bespoke assets.
 
and since listing had travelled down to below 20c ...then up pops a T/over. Unusual offer. Now 28c


Dynamic Group notes the
announcement by Australian Meat Industry Superannuation Pty Ltd as trustee for Australian Meat Industry Superannuation Trust trading as Australian Food Super that it intends to make an on-market takeover bid for all shares in the Company that it does not already own at a price of A$0.28 per share. The Offer will be open until at least 4.00pm (Melbourne time) on 09 September 2024.
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