DYL 0.35% $1.45 deep yellow limited

next surge to .80, page-20

  1. RKS
    573 Posts.
    I don't know how anyone can say the sellers are drying up - the numbers show that it is the buyers who are drying up at present.

    When I posted last, at 11:30AM this morning, there were 5.5m shares sought, 10.22m for sale giving a buy to sell ratio of 1:0.54

    I've just checked where the numbers ended up for today: 5.11m share sought, 9.79m shares for sale, a ratio of 1:0.52. In other words the ratio has worsened through the day, starting at 1:0.64

    Trend-wise, I'd expect the price to fall, but staying around 50c, as it has today, is very encouraging - small rise of $0.005

    We should see the ratio change when the big buyers hear whispers ahead of the next big announcement.

    RKS
 
watchlist Created with Sketch. Add DYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.