Your point's taken, Zeek, and, in fact, it's what usually happens following a placement at discount to the market, but, in the case of a uranium play with the current prospects for uranium holding up as bright as ever, I wouldn't be too sure DYL will go much lower, if any . The volume on the 'buy' side is not too bad . Following a placement at so large a discount you'd expect buyers to be less keen, but they're still lining up. Just my take on the situation. I considered selling and trying to buy in again at a lower price, but I don't think the odds are all that good, and I figure I'll probably just lose my position, so I don't think I'll take the chance.
Cheers,
Tez
I hold DYL and SMM. Please don't take too much notice of my opinion. I'm just another dumb trader.
placement at 3 cents , page-5
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Last
$1.32 |
Change
0.030(2.33%) |
Mkt cap ! $1.280B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.38 | $1.32 | $5.779M | 4.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26240 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 23474 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DYL (ASX) Chart |