DYL 6.84% $1.41 deep yellow limited

That DYL's share price has dropped in excess of 81% since its...

  1. 1,488 Posts.
    lightbulb Created with Sketch. 8
    That DYL's share price has dropped in excess of 81% since its highs of March 2007. It has dropped 57% since August 2008.

    2 cents short term non sustainable rises (we have seen them before) on 10.5 cents share price is not that great a deal. Sustained drops of 81% (and 57% in the shorter term) are more relevant facts for this stock. The stock has been trading in 10 to 16 cent trough for eight months. This means only quality information will lift this stock. So why the vaccum and delay with a JORC, production timetable, etc for Namibia. Nine months is the time frame from which we were first promised a JORC calculated resource on Tumas - promised AS SOON AS POSSIBLE by management. Instead we get scraps that the market already knows. Can anybody else see the correlation?

    The only good think about it is the most recent awarded directors options are out of the money, especially as they were awarded near in the money.
 
watchlist Created with Sketch. Add DYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.