DYL 2.05% $1.20 deep yellow limited

opening price after trading halt, page-2

  1. 56,553 Posts.
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    Opening price will be a slaughterhouse as they don't have the commercial quantity/grade of U - I predict a slow and demoralising sell off to no man's land (3-4c).

    The stock will be virtually worthless. Little cash and no resources. Possible trades on the way down if you are game.

    I just cannot see the news being good. They did the right thing by suspending the stock.

    It shows the extraordinary risk again by investing in exploration companies (of which I have a few). BAS all over again.

    The SP will plummet until a raising is offered to "sophisticated investors" and it will all start again assuming they have a contingency plan.

    The reality is truly dreadful for holders.
 
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Last
$1.20
Change
-0.025(2.05%)
Mkt cap ! $1.182B
Open High Low Value Volume
$1.20 $1.23 $1.19 $2.196M 1.821M

Buyers (Bids)

No. Vol. Price($)
21 66337 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.20 77354 45
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Last trade - 13.11pm 30/07/2024 (20 minute delay) ?
DYL (ASX) Chart
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