If the past is anything to go by, any deal will be funded by scrip - so dilution is a given.In the short term, no idea. It all depends on the terms of the proposed deal. In the longer term, I have to think it's very positive - it brings a good resource (Mulga Rock) under an experienced team (JB + Co) and gives Deep Yellow multi-jurisdictional assets. That means even more security of supply which is critical in the uranium sector (as recent events in Kazakhstan and Russia have demonstrated).
The key here is making it at a price acceptable for all parties - hopefully John has learned something from round 1.
Ann: Trading Halt, page-11
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Last
$1.30 |
Change
-0.025(1.89%) |
Mkt cap ! $1.255B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.32 | $1.28 | $2.892M | 2.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 42799 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 2000 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| DYL (ASX) Chart |