DYL 4.55% $1.16 deep yellow limited

Depends on what positions they have.I know quite a few...

  1. 434 Posts.
    lightbulb Created with Sketch. 46
    Depends on what positions they have.

    I know quite a few traders/long term investors that are, at this stage of the bull run, starting to hedge their positions.

    Personally I'm long Silex and Sprott Physical Uranium ETF but short the miners such as Paladin and Deep Yellow.

    The uranium bull market is currently lifting all boats but like all bull markets there will be pull backs along the way and at this stage I'd personally rather play it safe and hedge my positions and see where we go from here.

    If DYL cracks the $2 price point on the back of an increasing uranium price, then we are all winners.

    If DYL does in-fact have to hit up investors for a Capital Raise at a discount to the current market price then some of us that have hedged our positions will do better.
 
watchlist Created with Sketch. Add DYL (ASX) to my watchlist
(20min delay)
Last
$1.16
Change
-0.055(4.55%)
Mkt cap ! $1.119B
Open High Low Value Volume
$1.17 $1.18 $1.15 $7.151M 6.172M

Buyers (Bids)

No. Vol. Price($)
1 559 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.16 8289 2
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
DYL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.