DYOR:
I think that the DYL sp rose (blue circle in the chart) in line with other U-stocks (BMN, PDN, see the green area in chart) and management made a decision to raise money at that point to take advantage of the situation for the good of long-term DYL and long-term SHs.
The DYL shares are currently trading at about pre-spike levels, see yellow lines in the chart.
Remember that there could be up to +/-20% when trading in DYL.
We will have to wait until all excess shares (ie investors who bought into CR and most probably the two brokers for CR sell their allotted shares) from CR have been sold into markets.
I note there is more liquidity now (due to more DYL shares) in the market which is a good thing for all investors who will sell out at some point in the future.
DYOR:I think that the DYL sp rose (blue circle in the chart) in...
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Last
99.5¢ |
Change
0.015(1.53%) |
Mkt cap ! $964.6M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.04 | 99.5¢ | $5.400M | 5.325M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 796 | 99.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 17213 | 2 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| DYL (ASX) Chart |