told ya to take your profits, page-26

re: here comes the buyers Comeon ALLORDS. You think the driver for this will be the rights issue? Its a 1 for 5 and it will surely be over-subscribed, so lets conservatively say you get 1 for 6. Stock currently sitting at 38c. Lets say 36 for easiness. Therefore you are getting extra stock at 1/3rd of current price. So if you buy 100 shares, divide by 6 to get your holding = 17 shares. 17 shares at 1/3rd price. For free that would be a 17% discount, for 1/3rd price you are looking at maybe a 10-11% discount.

In effect if you buy shares now, it will give you a 10% bonus. Hardly worthscreaming about considering the price could easily rise or drop 30% from here. The rights issue is not the driver of this stock. There will definitely be overhang once stock is issued.

My question is, is DYL worth a marketcap of $300mill+ in light of where it currently is with its development. It is currently 5th in terms of marketcap on the list for Australian Uranium Producers and Potential Producers behind ERA,PDN, Compass and Summit.