I think the weakness yesterday was mostly in the announcement...

I think the weakness yesterday was mostly in the announcement based on the percentage down move and the fact the other Uranium stocks were only modestly weaker. I noticed that my AEE's were actually up.
That said, I think this is one of the first strategic moves by JB in terms of future direction. I see them setting this up to take full advantage of price action in the U space. Whether this includes a North American listing only time will tell; however, it wouldn't be surprising.

Sprott have their roots deep over there, so they will be pushing this story with the locals as a way of taking advantage of a rising U price (when it eventually happens).

Technically speaking DYL is on the nose; however, if you believe in the macro fundamentals of U and you want to somehow be involved in that then DYL may be a place to start (IMO). There seems to be allot of goods things happening at DYL and although I dreamed of my share consolidation happen via market forces, this shouldn't throw a spanner in the works. That said, the current down market may present a buying opportunity for those wanting to get on board.

Time will tell folks!