DYL 0.35% $1.45 deep yellow limited

DYOR:Correct, but spot price is not critical to the transaction...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,119 Posts.
    lightbulb Created with Sketch. 243
    DYOR:
    Correct, but spot price is not critical to the transaction ratio as spot goes up both DYL/VMY share prices also go up, we are interested in the ratios.

    For example:
    Offer ratio was 3.74
    Current trading ratio is: 4.04 (=97/24)

    Trading ratio needs to be below offer ratio of 3.74 for VMY to be trading at a premium to offer.

 
watchlist Created with Sketch. Add DYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.