I think PDN sold it's NT uranium holdings to leverage off the strong uranium strength but also to have projects kick off in parallel to it's own internal projects.
Just remember that it's not the initial $100K that PDN is banking on in DYL's success. It's the 40 million shares and options + royalties that's included in the deal. That's a 12.5% stake in DYL.
65-70% of the company is owned by the top 20 shareholders, only leaving a 30% float for market churn.
I think PDN sold it's NT uranium holdings to leverage off the...
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Last
$1.22 |
Change
0.000(0.00%) |
Mkt cap ! $1.182B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $4.379M | 3.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 20529 | 4 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |