Given the timing of this sudden interest in DYL, it looks to me like PDN are allowing/causing the SP to rise so that their balance sheet is a beautiful thing to behold at the end of the financial year.
All we need now is for someone like Polo resources to jump aboard and the good ship Deep Yellow would really be off and sailing. IMO this would be a good play for Polo, with PDN already holding approximately 20% they aren't going to want anyone else to threaten any eventual plans they may have to increase their stake/take over DYL. Polo have been rather busy lately buying up stakes in different mining stocks in Namibia so it is entirely possible that Deep Yellow could also be on their shopping list.
Only my opinion for what its worth.
Given the timing of this sudden interest in DYL, it looks to me...
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Last
$1.41 |
Change
-0.010(0.71%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.39 | $7.034M | 5.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10181 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 75086 | 4 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |