Sandy, on the face of it I agree with you. I do however believe that DYL management is not all that bad. The old Julia days are over and they have certainly tried to extract value from their tenements. The deal with Australian Cancer was good and that is why the company survived. As to the reasons for the divestment of Menzies and starting another company I do not know but trust that management know what they are doing.
I also could not understand why PCL sold their perth basin and after that seeing their share suffer at a couple of cents. Only now can I see that their main interest was in Kenya.
Moral of the story, don't always write off management just because we cannot understand their logic.
sale of the menzies project, soory for (dyl) share, page-2
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Last
$1.46 |
Change
0.015(1.04%) |
Mkt cap ! $1.410B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.50 | $1.46 | $6.039M | 4.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 76680 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 69012 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.47 |
Change
0.015 ( 1.24 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.50 | $1.46 | 719013 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| DYL (ASX) Chart |