PDN is powering ahead. While DYL is doing two steps and two steps down.
Remember PDN has paid 50c for DYL a couple months ago for the right shortfall when DYL was traded around 46c.
I can see it might be the best moment now for PDN to launch a takeover for DYL.
Otherwise, PDN has to pay a lot more if DYL is moving up along with other uranium stocks.
It make perfect sense for PDN to take DYL out because the synergy between these two. They both have a lot of projects in Namibia and QLD, and PDN need more resources in its development pipeline.
the relative strength of pdn over dyl
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Last
$1.51 |
Change
0.020(1.34%) |
Mkt cap ! $1.439B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.48 | $4.778M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17500 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 52678 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |