Yep.
For every 15 dyl shares you own you will be able to buy 7 more dyl shares (plus the $0.50 free option) for $0.25.
Note- the option has an "accelerator", whereby if the share price is above $0.78 for 20 days straight the company can fofce you to exercise (with 20 or 30 days notice..i cant remember which).
Councidentally there is a Paladin announcement out talking about selling the Namibian Heindrich resource - with a company called CNC having the first option. In the DYL resource updates they constantly mention "similar to a Heindruch" type resource....this is purely soeculation but are they gong to wrangle access to the PDN asset???
Ann: Entitlement Issue Prospectus to raise up to A$15M, page-9
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Last
$1.51 |
Change
0.020(1.34%) |
Mkt cap ! $1.463B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.48 | $4.778M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17500 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 52678 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |