Good, and here’s hoping a few short selling institutions missed out or have been heavily scaled back - and now have to buy on market to close out their short positions
This significant cap raise at such a small discount of 3.9% speaks volumes in itself. Only someone with an alternative agenda (like wanting to talk you into selling) would see this as bad news.
The institutional investors have stepped up to invest into DYL at around the prevailing share price because they can see JB taking DYL from junior explorer / developer to becoming a significant producer of uranium.
All the ducks are now lining up.
Later this year after the bank funding is secured, DYL should then commence a significant re-rating in it share price to much higher levels.
In summary this capital raising is a “company maker” because on the back of it DYL can now secure the required bank finance to take Tumus into production.
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Good, and here’s hoping a few short selling institutions missed...
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Last
$1.51 |
Change
0.020(1.34%) |
Mkt cap ! $1.463B |
Open | High | Low | Value | Volume |
$1.50 | $1.51 | $1.48 | $4.778M | 3.202M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17500 | $1.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.52 | 52678 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17500 | 1.500 |
1 | 5894 | 1.490 |
2 | 6047 | 1.475 |
1 | 6047 | 1.470 |
3 | 35047 | 1.465 |
Price($) | Vol. | No. |
---|---|---|
1.520 | 55547 | 4 |
1.525 | 6047 | 1 |
1.530 | 6047 | 1 |
1.535 | 6047 | 1 |
1.540 | 57998 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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DYL (ASX) Chart |