DYM 10.7% 15.5¢ dynamic metals limited

I think this is a great deal for DYM shareholders. The company...

  1. 212 Posts.
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    I think this is a great deal for DYM shareholders. The company get upfront cash which will negate the need for a cap raise thus lessening dilution. They get an experienced partner to help with exploration and cover a majority of the costs and they get to keep all the nickel and gold resources.
    I was dubious as to the lithium resource anyway. This gives them a free hit and subsidises all other exploration activities. If the gold exploration finds anything then this will be a very valuable tenement.
    After being on the sidelines I bought back in today. I think this is a company making announcement. I expect the share price to be higher once the day traders are out and investors have had a chance to process this news.
 
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Last
15.5¢
Change
0.015(10.7%)
Mkt cap ! $5.58M
Open High Low Value Volume
15.5¢ 15.5¢ 15.5¢ $7.75K 50.00K

Buyers (Bids)

No. Vol. Price($)
1 39754 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 67858 1
View Market Depth
Last trade - 10.08am 20/06/2024 (20 minute delay) ?
DYM (ASX) Chart
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