I think about it more in terms of free leverage. For me providing my capital to finance DYL they are giving me an option- if the Share price goes to $1,$2, $4 (etc) it means that i have double the upside exposure for free.
If you believe in what John Borshoff is trying to achieve and that inevitably that the Uranium market will stage a recovery then it's a no brainer (in my opinion)
decisions descisions, page-11
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Last
$1.09 |
Change
0.000(0.00%) |
Mkt cap ! $1.051B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.12 | $1.07 | $2.302M | 2.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 129885 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 51522 | 3 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |